The S&P/ASX 200 Index (ASX: XJO) slumped on Wednesday, dropping 0.12% to close at 7,255.7 points.
Its day in the red came on the back of the 2023 federal budget, delivered on Tuesday night.
It included $14.6 billion of spending aimed at easing cost-of-living pressures. However, that might have increased the likelihood of further interest rate hikes, as my Fool colleague Bernd reports.
Back to the bourse, and the S&P/ASX 200 Health Care Index (ASX: XHJ) posted today's biggest gain, lifting 1%.
But most sectors traded lower in today's session. The S&P/ASX 200 Financials Index (ASX: XFJ) fell hardest, sliding 0.5%.
Meanwhile, the S&P/ASX 200 Energy Index (ASX: XEJ) and the S&P/ASX 200 Materials Index (ASX: XMJ) both dropped 0.3%.
Interestingly, however, it was an ASX 200 energy stock that led the market higher on Wednesday. Let's take a look at today's top performers.
Image source: Getty Images
Top 10 ASX 200 shares countdown
Uranium producer Paladin Energy Ltd (ASX: PDN) took out today's top spot. Its share price gained 8.4% to close at 71 cents.
These shares made today's biggest gains:
| ASX-listed company | Share price | Price change |
| Paladin Energy Ltd (ASX: PDN) | $0.71 | 8.4% |
| Monadelphous Group Ltd (ASX: MND) | $13.30 | 3.5% |
| Telix Pharmaceuticals Ltd (ASX: TLX) | $10.95 | 3.3% |
| Lynas Rare Earths Ltd (ASX: LYC) | $7.57 | 3.27% |
| Life360 Inc (ASX: 360) | $5.68 | 2.9% |
| BrainChip Holdings Ltd (ASX: BRN) | $0.425 | 2.41% |
| Graincorp Ltd (ASX: GNC) | $7.10 | 2.16% |
| Core Lithium Ltd (ASX: CXO) | $1.02 | 2% |
| Ipd Education Ltd (ASX: IEL) | $27.15 | 1.91% |
| Incitec Pivot Ltd (ASX: IPL) | $3.27 | 1.87% |
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.
