Here are the top 10 ASX 200 shares today

Guess which ASX 200 defied today's downturn to outperform all its peers. Hint: it's in the business of coal.

A mum and little girl leap and dance in their living room with joy.

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The S&P/ASX 200 Index (ASX: XJO) spent a second consecutive day in the red on Wednesday. The index closed today's trade 0.85% lower at 7,229.4 points.

And once again, it was the tech sector leading the market's tumble. The S&P/ASX 200 Information Index (ASX: XIJ) dropped 3.3% today following a rough night for the tech-heavy NASDAQ index.

The Nasdaq Composite Index (NASDAQ: .IXIC) dropped 2% while most of Australia slept.

The S&P/ASX 200 Energy Index (ASX: XEJ) also weighed heavily today, falling 2% as oil prices hit their lowest point of the year so far.

The Brent crude oil price slumped 4% to US$79.35 a barrel overnight while the US Nymex crude oil price fell 3.5% to US$74.25 a barrel.

But not all was dire on the market today. Miners had a good day's trade, with the S&P/ASX 200 Materials Index (ASX: XMJ) lifting 0.2%.

It was the only gainer, however, with 10 of the ASX 200's 11 sectors closing lower. But which stock outperformed all others to post Wednesday's biggest gain? Keep reading to find out.

Top 10 ASX 200 shares countdown

The best performing ASX 200 share today was none other than coal stock Coronado Global Resources Inc (ASX: CRN). It posted a 3% gain despite no word from the company.

Though, as my Fool colleague James reports, Macquarie tipped the stock to gain nearly 50% earlier this week.

Today's biggest gains were made by these shares:

ASX-listed companyShare pricePrice change
Coronado Global Resources Inc (ASX: CRN)$2.063%
Champion Iron Ltd (ASX: CIA)$7.102.75%
Kelsian Group Ltd (ASX: KLS)$5.532.41%
NIB Holdings Limited (ASX: NHF)$7.232.41%
Fortescue Metals Group Limited (ASX: FMG)$21.172.27%
Pilbara Minerals Ltd (ASX: PLS)$4.712.17%
QBE Insurance Group Ltd (ASX: QBE)$13.241.92%
Insurance Australia Group Ltd (ASX: IAG)$4.861.89%
Eagers Automotive Ltd (ASX: APE)$11.851.8%
Magellan Financial Group Ltd (ASX: MFG)$9.361.74%

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.

Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended Insurance Australia Group. The Motley Fool Australia has recommended Macquarie Group and Nib Holdings Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Share Gainers

Fancy font saying top ten surrounded by gold leaf set against a dark background of glittering stars.
Share Gainers

Here are the top 10 ASX 200 shares today

Let's also take a look at what the various ASX sectors were doing this Wednesday.

Read more »

A young women pumps her fists in excitement after seeing some good news on her laptop.
Share Gainers

Why Argosy Minerals, Immutep, Pointsbet, and Regis Resources shares are racing higher

These shares are having a strong session on Wednesday. But why?

Read more »

Businessman smiles with arms outstretched after receiving good news.
Share Gainers

Here are the top 10 ASX 200 shares today

It was another strong showing from the share market today.

Read more »

A young woman holding her phone smiles broadly and looks excited, after receiving good news.
Share Gainers

Healthco Healthcare, Medadvisor, Ramsay Health Care, and Tamboran shares are rising

These shares are having a strong session. But why?

Read more »

drug capsule opening up to reveal dollar signs signifying rising asx share price
Share Gainers

If you invested $6,000 in Mesoblast shares a month ago you'd have $15,636 now!

Mesoblast shares have been on a tear this past month. But why?

Read more »

Smiling man working on his laptop.
Share Gainers

Here are the top 10 ASX 200 shares today

It was back to the races for ASX shares today, in a confident start to the week.

Read more »

rising gold share price represented by a green arrow on piles of gold block
Share Gainers

Here are the top 10 ASX 200 shares today

It was a horrible way to end the trading week today for ASX investors.

Read more »

Female miner smiling at a mine site.
Share Gainers

Up 834% in a year, guess which ASX mining stock is hitting new all-time highs today

The ASX mining stock has gone from strength to strength over the past year.

Read more »