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What you need to know at close

The ASX closed down 119.50 points with the metals and mining sector driving the losses.

Of the 50 largest stocks, the most movement has been from Block Inc. which closed lower by 6.39%, South32 Ltd which finished lower by 5.11% and Northern Star Resources Ltd which closed lower by 4.28%.

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 Javelin Minerals Ltd (ASX:JAV) which finished 100% higher – this is a micro cap company.

The biggest loser on the ASX at the close was Sun Resources NL (ASX:SUR) which was down 50% at the close of trade – this is a micro cap company.

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