-+ 0.00%
-+ 0.00%
-+ 0.00%

Here are the top 10 ASX 200 shares today

The Motley Fool·08/26/2024 07:08:40
Listen to the news
A young boy wearing a hat, sunnies and striped singlet looks fierce and flexes his arm in victory.

This Monday, the S&P/ASX 200 Index (ASX: XJO) and most ASX shares had a fantastic start to the trading week.

After breaking a ten-day winning streak on Friday, the ASX 200 was back on form today, delivering a healthy 0.76% gain. That leaves the index at 8,084.5 points.

This happy start to the ASX's trading week comes after a bullish conclusion to the American week last Friday night (our time).

The Dow Jones Industrial Average Index (DJX: .DJI) had an exceptional session, surging 1.14% higher.

It was even better for the tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC), which shot up 1.47%.

But let's get back to this week and our local market now with a look at what was going on amongst the various ASX sectors today.

Winners and losers

As one might expect, only a handful of sectors missed out on today's market optimism.

Leading those losers were consumer staples shares. The S&P/ASX 200 Consumer Staples Index (ASX: XSJ) had a day to forget, losing 0.85% of its value.

Healthcare stocks also missed out, with the S&P/ASX 200 Healthcare Index (ASX: XHJ) dipping 0.25%.

Tech shares were left out in the cold too. The S&P/ASX 200 Information Technology Index (ASX: XIJ) squeaked in a loss, with a 0.02% slip.

But it was all smiles for the rest of the ASX.

Communications stocks led the market on Monday. The S&P/ASX 200 Communication Services Index (ASX: XTJ) rocketed higher, soaring 1.25%.

ASX financial shares had a wonderful time as well, as you can see from the S&P/ASX 200 Financials Index (ASX: XFJ)'s 1.23% surge.

Energy stocks were also running hot. The S&P/ASX 200 Energy Index (ASX: XEJ) galloped up 1.16%.

Consumer discretionary shares were in demand too, with the S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) leaping up 1.11%.

Then we had real estate investment trusts (REITs). The S&P/ASX 200 A-REIT Index (ASX: XPJ) saw its value spike by 0.98%.

Mining stocks joined the party, with the S&P/ASX 200 Materials Index (ASX: XMJ) bouncing up 0.83%.

Utilities shares also got an invite. The S&P/ASX 200 Utilities Index (ASX: XUJ) lifted up 0.19%.

Gold stocks weren't left out, evident from the All Ordinaries Gold Index (ASX: XGD)'s 0.18% rise.

Finally, industrial stocks eked out a gain as well. The S&P/ASX 200 Industrials Index (ASX: XNJ) ended up inching 0.03% higher.

Top 10 ASX 200 shares countdown

Taking out a hotly-contested top spot on the index today was uranium stock Deep Yellow Ltd (ASX: DYL). Deep Yellow shares soared 17% up to $1.17 each this Monday.

There wasn't a clear reason why uranium shares like Deep Yellow boomed this session, although my Fool colleague posited a possible explanation here.

Here's the rest of today's winning stocks:

ASX-listed company Share price Price change
Deep Yellow Ltd (ASX: DYL) $1.17 17.00%
Paladin Energy Ltd (ASX: PDN) $10.88 11.82%
Chorus Ltd (ASX: CNU) $7.98 9.92%
Boss Energy Ltd (ASX: BOE) $3.13 7.56%
Arcadium Lithium plc (ASX: LTM) $4.21 5.25%
James Hardie Industries plc (ASX: JHX) $54.35 5.09%
Johns Lyng Group Ltd (ASX: JLG) $5.57 5.09%
Seek Ltd (ASX: SEK) $23.10 4.38%
IRESS Ltd (ASX: IRE) $10.06 4.03%
ARB Corporation Ltd (ASX: ARB) $42.91 3.85%

Our top 10 shares countdown is a recurring end-of-day summary that shows which companies made big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended ARB Corporation and Johns Lyng Group. The Motley Fool Australia has recommended ARB Corporation and Johns Lyng Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The Motley Fool's purpose is to help the world invest, better. Click here now for your free subscription to Take Stock, The Motley Fool's free investing newsletter. Packed with stock ideas and investing advice, it is essential reading for anyone looking to build and grow their wealth in the years ahead. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson. 2024