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Here are the top 10 ASX 200 shares today

The Motley Fool·12/20/2024 05:56:08
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A woman stares at the candle on her cake, her birthday has fizzled.

It was a very sad end to the trading week this Friday for the S&P/ASX 200 Index (ASX: XJO).

Far from giving investors a Santa rally, the ASX 200 suffered another hefty drop, this one worth 1.24%, to close the trading week.

The index now stands at just 8,067 points as we head into the weekend.

This horrid end to a horrid week follows a more levelled Wall Street session this morning.

The Dow Jones Industrial Average Index (DJX: .DJI) managed to eke out a gain, inching 0.036% higher.

The Nasdaq Composite Index (NASDAQ: .IXIC) wasn't so lucky though and dropped 0.1%.

But time now to grit our teeth and return to the ASX for a postmortem on the different ASX sectors today.

Winners and losers

Despite today's market savagery, we saw a handful of sectors wrangle out a rise.

But more on those in a moment.

Leading the market's losses this Friday were consumer discretionary shares. The S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) had an awful day, crashing 2.53% lower.

Financial stocks were also a trainwreck, with the S&P/ASX 200 Financials Index (ASX: XFJ) tanking 2.4%.

Gold shares did a little better. Saying that, the All Ordinaries Gold Index (ASX: XGD) still lost a hefty 1.27%.

Next up on the hit list were communications stocks. The S&P/ASX 200 Communication Services Index (ASX: XTJ) took a 0.93% whack this Friday.

Healthcare shares also copped a beating today, as you'll see from the S&P/ASX 200 Healthcare Index (ASX: XHJ)'s 0.84% loss.

We could say the same for consumer staples stocks. The S&P/ASX 200 Consumer Staples Index (ASX: XSJ) was sent 0.61% lower.

Mining shares had a rough time as well, illustrated by the S&P/ASX 200 Materials Index (ASX: XMJ)'s 0.55% downgrade.

Industrial stocks didn't make the cut, either. The S&P/ASX 200 Industrials Index (ASX: XNJ) slid 0.44% lower.

Last for the losers were real estate investment trusts (REITs), with the S&P/ASX 200 A-REIT Index (ASX: XPJ) slipping 0.34%.

Turning to the winners now, it was utilities shares that came out on top. The S&P/ASX 200 Utilities Index (ASX: XUJ) galloped an envy-inducing 1.54% higher today.

Energy stocks had a great day as well, evidenced by the S&P/ASX 200 Energy Index (ASX: XEJ)'s 1.24% surge.

Finally, ASX tech shares were given a reprieve. The S&P/ASX 200 Information Technology Index (ASX: XIJ) rose by 0.17%.

Top 10 ASX 200 shares countdown

Leading today's scant winners was energy stock Karoon Energy Ltd (ASX: KAR). Karoon shares bucked the market convincingly and jumped 5.28% to $1.30 a share.

There wasn't any news out of the company this Friday, but, as my Fool colleague speculated this afternoon, perhaps investors were buying back in after Karoon's tough week.

Here's a look at how the rest of today's winners landed the plane:

ASX-listed company Share price Price change
Karoon Energy Ltd (ASX: KAR) $1.30 5.28%
Ventia Services Group Ltd (ASX: VNT) $3.58 3.77%
Codan Ltd (ASX: CDA) $16.18 3.45%
HMC Capital Ltd (ASX: HMC) $9.94 3.33%
AGL Energy Ltd (ASX: AGL) $10.98 2.23%
Fortescue Ltd (ASX: FMG) $18.20 1.96%
Woodside Energy Group Ltd (ASX: WDS) $23.55 1.95%
Deep Yellow Ltd (ASX: DYL) $1.08 1.90%
Beach Energy Ltd (ASX: BPT) $1.36 1.88%
New Hope Corporation Ltd (ASX: NHC) $5.00 1.83%

Enjoy the weekend, and Merry Christmas!

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 HMC Capital. The Motley Fool Australia has recommended HMC Capital. 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