What you need to know at the close
The ASX closed down 30.80 points to 7316.20 points on Tuesday, as a sell-off in gold, metals and mining stocks weighed on the key index.
Of the 50 largest stocks, the most movement has been from Fortescue Metals Group Ltd (ASX:FMG) which closed lower by 4.8%, Computershare Ltd (ASX:CPU) which finished down by 3.63% and Bluescope Steel Ltd (ASX:BSL) which closed down by 2.78%.
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 Monger Gold Ltd (ASX:MMG) which finished 60.71% higher – this is a micro cap company.
The biggest loser on the ASX at the close was Eve Health Group Ltd (ASX:EVE) which was down 50% at the close of trade – this is a micro cap company.
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