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What you need to know at the close

The ASX closed up 60 points to 7364.700 points on Wednesday, as a rally for gold mining stocks led the key index higher. All sectors of the ASX200 closed in positive territory on Thursday.

Of the 50 largest stocks, the most movement has been from Amcor plc (ASX:AMC) which closed higher by 5.91%, QBE Insurance Group Ltd (ASX:QBE) which finished up by 5.57% and Xero Ltd (ASX:XRO) which closed up by 3.63%.

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 Red Sky Energy Ltd (ASX:ROG) which finished 60% higher – this is a micro cap company.

The biggest loser on the ASX at the close was Amani Gold Ltd (ASX:ANL) which was down 50% at the close of trade – this is a micro cap company.

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