Home Sports Here are the top 10 ASX stocks today, Tuesday, May 17th

Here are the top 10 ASX stocks today, Tuesday, May 17th

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Today, S & P / ASX 200 index (ASX: XJO) captured its third day in a row on the green, despite the fact that Wall Street was holding the cold shoulder of investors. According to the results of the session, the reference index ended higher by 0.27% and amounted to 7112.5 points.

While whispers about a potential rate hike in June spread through the market, investors were upset when they sent their money to more defense sectors on Tuesday. Energy companies attracted the most attention, but the extraction of battery materials also went well.

Unfortunately, today market participants are less interested in healthcare, real estate and technology. These are the same sectors we have previously seen weakening on news of higher rates.

However, the question arises: which stocks have brought investors the most profit on ASX today? Here are the top ten stocks that have come to investors:

Top 10 ASX stocks today

Looking at the top 200 listed companies, Core Lithium Ltd 04.30 ASX: CXO was the biggest profit today. The lithium project developer’s shares rose 9.28% after an update on the company’s progress in bringing the Finniss lithium project online. Learn more about Core Lithium here.

The next in the market shares of ASX today was Lynas Rare Earths Ltd 04.30 ASX: LYC. The share price of the manufacturer of rare earth elements strengthened by 6.56% today, as the demand for oxides of rare earths continues to hold. Discover the latest details about the rare lands of Lynas here.

Today’s 10 biggest gains have been made in these ASX stocks:

Data at 4:00 am AEST

Our top 10 ASX stocks today are a recurring summary at the end of the day to make sure you know which companies were making big strides that day. Arrival at Fool.com.au after the market closes on weekdays to see which stocks are counting down.

https://www.fool.com.au/2022/05/17/here-are-the-top-10-asx-shares-today-17-may-2022/

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