Some ASX 200 shares have fared better than others on a variable day …
The post Which ASX 200 shares are standing tall after today’s volatile session? appeared first on The Motley Fool Australia. –
The S&P/ASX 200 Index (ASX: XJO) has clawed its way up from a -0.91% fall by lunchtime to a close of -0.08%.
Most sectors opened in red this morning, as new COVID-19 cases around Australia continued to pressure states into lockdown.
The S&P/ASX 200 Info Tech (INDEXASX: XIJ) index was the only sector in the green this morning, extending its gains to 0.66% by market close.
Pleasingly, sectors including healthcare, consumer staples, consumer discretionary and financials managed to finish Tuesday’s session in positive territory — but only barely.
With the market moving in a volatile fashion, let’s take a look at which ASX 200 shares managed to stand tall.
Top performing ASX 200 shares today
Metcash Limited (ASX: MTS) was the best performing ASX 200 share on Tuesday, up 5.69% to $3.90.
The wholesale distributor announced its full-year results on Monday. They highlighted a solid 9.9% increase in revenue to $14.3 billion and a $175 million off-market share buy-back.
The Lynas Rare Earths Ltd (ASX: LYC) share price was also pushing higher, up 3.47% to $5.67. Shares in the world’s second-largest rare earth producer have been chopping back and forth around the mid $5 level since the company’s quarterly results in April.
Aside from Metcash and Lynas, there was a strong tech theme among the top performing ASX 200 shares.
The ASX 200 tech index has staged a resurgence in June, after sliding about 26.4% between 10 February and 13 May.
The post Which ASX 200 shares are standing tall after today’s volatile session? appeared first on The Motley Fool Australia.
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Motley Fool contributor Kerry Sun has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended AFTERPAY T FPO, Appen Ltd, WiseTech Global, and Xero. The Motley Fool Australia owns shares of and has recommended AFTERPAY T FPO, Appen Ltd, WiseTech Global, and Xero. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.