It was an encouragingly positive session for ASX shares and the S&P/ASX 200 Index (ASX: XJO) this Tuesday. After yesterday's miserly performance, the ASX 200 ended up rising by a healthy 0.46% today. That takes the index up to 7,339.7 points.
This solid day of work for the local share market comes after a strong start to the trading week up in the United States last night.
The Dow Jones Industrial Average Index (DJX: .DJI) bolted out of the gate with a gain of 0.52% last night. The Nasdaq Composite Index (NASDAQ: .IXIC) wasn't quite as enthusiastic, but still added a decent 0.19%.
So let's now check out where today's gains came from with a look at how the different ASX sectors fared.
Winners and losers
We saw some interesting moves from all corners of the ASX market today.
But let's start off with our worst-performing sector: consumer discretionary shares. The S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) had a shocker, falling by a significant 0.79%. That was definitely as bad as it got though.
This Tuesday's next-to-worst place to be was in financial shares, illustrated by the S&P/ASX 200 Financials Index (ASX: XFJ)'s notable 0.51% loss.
It wasn't much better for real estate investment trusts (REITs), with the S&P/SX 200 A-REIT Index (ASX: XPJ) recording a 0.44% retreat.
We saw a similar story with consumer staples stocks and healthcare shares. The S&P/ASX 200 Consumer Staples Index (ASX: XSJ) slipped by 0.25%, while the S&P/ASX 200 Healthcare Index (ASX: XHJ) fell by 0.43%.
ASX tech shares were also on the nose, as you can see by the S&P/ASX 200 Information Technology Index (ASX: XIJ)'s drop of 0.25%.
In fact, there really weren't that many ASX sectors that came out with a gain today. But those that did clearly had a big impact on the market.
Just consider the performance of the S&P/ASX 200 Materials Index (ASX: XMJ), home to the likes of mining shares like BHP Group Ltd (ASX: BHP), Rio Tinto Limited (ASX: RIO) and Fortescue Metals Group Limited (ASX: FMG). This index rocketed a pleasing 2.74%, clearly underpinning much of the ASX 200's gains.
ASX energy shares were another bright spot, with the S&P/ASX 200 Energy Index (ASX: XEJ) lifting by 1.15%. As were communications shares, evident through the S&P/ASX 200 Communication Services Index (ASX: XTJ)'s rise of 0.34%.
Top 10 ASX 200 shares countdown
Our top-performing ASX 200 share this Tuesday was lithium stock Sayona Mining Ltd (ASX: SYA). Sayona shares bounced an encouraging 6.67% to 16 cents each. There were no announcements from the company to explain this move, but it does come after a horrid day for the lithium space yesterday.
Here are the other winning shares from today's session:
ASX-listed company | Share price | Price change |
Sayona Mining Ltd (ASX: SYA) | $0.16 | 6.67% |
Monadelphous Group Ltd (ASX: MND) | $13.17 | 5.36% |
Pilbara Minerals Ltd (ASX: PLS) | $4.83 | 5.23% |
Champion Iron Ltd (ASX: CIA) | $5.93 | 4.96% |
Fortescue Metals Group Limited (ASX: FMG) | $23.20 | 4.55% |
Mineral Resources Limited (ASX: MIN) | $70.95 | 3.86% |
Domain Holdings Australia Ltd (ASX: DHG) | $3.92 | 3.7% |
South32 Ltd (ASX: S32) | $3.85 | 3.49% |
Rio Tinto Limited (ASX: RIO) | $119.18 | 3.41% |
BHP Group Ltd (ASX: BHP) | $45.82 | 3.34% |
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.