Wednesday proved a rough day for the S&P/ASX 200 Index (ASX: XJO). It fell 0.96% to close at a four-week low of 7,197.4 points.
The market's suffering followed a surprise interest rate hike from the Reserve Bank of Australia yesterday. The official cash rate was lifted 0.25% to 3.85%.
Leading Wednesday's tumble was the S&P/ASX 200 Energy Index (ASX: XEJ), which fell 2.1%.
The S&P/ASX 200 Financials Index (ASX: XFJ) also suffered, falling 1.5%, while the S&P/ASX 200 Real Estate Index (ASX: XRE) slumped 1%.
But one sector defied the downturn. The S&P/ASX 200 Communication Services Index (ASX: XTJ) rose 0.3%.
Not to mention, numerous ASX 200 shares outperformed the market in today's session. Let's take a look at the 10 biggest gainers.
Top 10 ASX 200 shares countdown
Gold shares took out nearly all the top spots on the ASX 200 today. The best performing among them was Gold Road Resources Ltd (ASX: GOR) – its stock rose 4.7%.
The gains came on the back of a strong session for the price of gold. The precious metal's spot value lifted 1.6% overnight to US$2,024.20 an ounce.
These shares made today's biggest gains:
ASX-listed company | Share price | Price change |
Gold Road Resources Ltd (ASX: GOR) | $1.90 | 4.68% |
West African Resources Ltd (ASX: WAF) | $0.975 | 4.28% |
Silver Lake Resources Ltd (ASX: SLR) | $1.24 | 4.2% |
Evolution Mining Ltd (ASX: EVN) | $3.61 | 3.74% |
Regis Resources Ltd (ASX: RRL) | $2.14 | 2.88% |
Pilbara Minerals Ltd (ASX: PLS) | $4.20 | 2.44% |
Northern Star Resources Ltd (ASX: NST) | $13.55 | 2.26% |
De Grey Mining Limited (ASX: DEG) | $1.595 | 2.24% |
Flight Centre Travel Group Ltd (ASX: FLT) | $20.80 | 2.21% |
Computershare Ltd (ASX: CPU) | $21.92 | 2.19% |
Our top 10 shares countdown is a recurring end-of-day summary to let you know which companies were making big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.