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What you need to know at market close

The ASX closed higher on Monday by 17.90 points to 7093 points as a rally for tech and industrials stocks advanced lifted the key index into positive territory.

Of the 50 largest stocks, the most movement has been from Brambles Ltd (ASX:BXB) which closed higher by 11.22%, Xero Ltd (ASX:XRO) which finished up by 4.42% and Block Inc (ASX:SSQ2) which closed higher by 3.79%.

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 58.33% higher – this is a micro cap company.

The biggest loser on the ASX at the close was Step One Clothing Ltd (ASX:STP) which was down 56.25% at the close of trade – this is a micro cap company.

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