What you need to know at close
The ASX closed up 13.5 points to 7064.70 points on Wednesday, as investors piled into healthcare stocks which offset a sharp sell-off in financials stocks.
Of the 50 largest stocks, the most movement has been from CSL Ltd (ASX:CSL) which closed higher by 1.97%, ResMed Inc. (ASX:RMD) which finished up by 1.58% and GPT Group Ltd (ASX:GPT) which closed higher by 1.17%.
As the top 50 largest companies comprise almost 60% of the total market, any big changes to their share price may influence the overall market.
The biggest gainer on the ASX at the close was Galileo Mining Ltd (ASX:GAL) which finished 220% higher – this is a micro cap company.
The biggest loser on the ASX at the close was Sun Resources Ltd (ASX:SUR) which was down 50% at the close of trade – this is a micro cap company.
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