Here are the top ASX large cap movers for Thursday

Financial stocks were the only sector in the green today, with the benchmark ASX 200 index falling by 0.3% at the close.

It was the first time this week the local bourse finished in the red, in a broad-brushed selloff led by the Energy sector, which finished almost 2% lower.

Global oil prices fell by 2% overnight with the benchmark Brent crude now trading at US$84.58, after Iran and European Union agreed to further nuclear talks that could potentially lead to the lifting of US sanctions on Iranian oil exports.

ASX oil giants like Woodside Petroleum (ASX:WPL) fell as a result, with WPL down by 2%.

Corporate earnings headlined today’s proceedings, with companies like ANZ Bank (ASX:ANZ) reporting their earnings.

ANZ Bank’s full year cash profit jumped 65% to $6.2bn, beating most analysts’ forecast, despite a weaker mortgage book.

The ANZ stock price rose by 0.6%, which helped to push sentiment on financial stocks today.

Meanwhile RBA deputy governor, Dr. Guy Debelle, told a Senate hearing that a little bit of inflation is welcome after seeing positive things since lockdowns were lifted in some states.

“The monetary policy settings we have in place, as do other central banks around the world, are looking to generate a little higher inflation than we have seen over the last five, six years, as well generate more jobs,” Dr Debelle said.

“A little bit more inflation is welcome, a lot more inflation isn’t.”

Yesterday, ABS CPI release showed that Australian’s Q3 inflation rose by 0.8% q/q and 3% y/y. Core inflation jumped to 2.1%, topping forecast of 1.8%.

BIG CAP WINNERS

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Code	Name	Price	% Change	Volume	Market Cap
RWC	Reliance Worldwide	5.73	5.3%	2231874	4298115522
ABB	Aussie Broadband	4.82	5.2%	756784	1025150336
BLD	Boral Limited	6.63	4.9%	2665866	6971518808
REH	Reece Limited	18.92	4.9%	671645	11653554625
AVZ	AVZ Minerals Ltd	0.36	4.3%	12585216	1110269575
NVX	Novonix Limited	6.85	4.1%	3941630	3175270870
OCL	Objective Corp	21.49	3.9%	25858	1953500578
NEA	Nearmap Ltd	2.21	3.8%	2124220	1060295827
LTR	Liontown Resources	1.875	3.6%	7404816	3459232871
LKE	Lake Resources	0.89	3.5%	16317020	1028957482
JBH	JB Hi-Fi Limited	48.47	3.4%	465867	5386881313
GOR	Gold Road Res Ltd	1.385	3.0%	3137107	1185356219
IMD	Imdex Limited	2.93	2.8%	1872062	1129889340
DEG	De Grey Mining	1.1175	2.5%	9018701	1532772742
360	Life360 Inc.	10.61	2.4%	552752	1616533955

Water flow services Reliance Worldwide (ASX:RWC) was up, after saying that it expects further growth in the US and Asia Pacific into FY22, despite persistent supply chain issues. The company has just reported a record FY21, with NPAT doubling to $188m.

Concrete and quarries company, Boral Ltd (ASX:BLD) traded higher after the company says that its outlook for the remainder of FY22 will see a rebound as lockdowns are lifted. This is despite a 6% fall in revenue to $2.9 billion in FY21.

Aussie Broadband (ASX:ABB) was up after holding an AGM this morning where the company presented its FY21 revenue of $350m, a 84% growth y-y.

The company says its ongoing fibre build project will improve margins and EBITDA from FY23 onwards, as it transitions services off its current backhaul agreements with other carriers.

“Guided by our values of think big, don’t be ordinary – be awesome, no bull***, be good to people and most importantly, have fun, our team have a clear set of instructions in how we operate,” said ABB CEO, Phil Britt.

BIG CAP LOSERS

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Code	Name	Price	% Change	Volume	Market Cap
PBH	Pointsbet Holdings	8.68	-17.8%	10151824	2778104778
WAF	West African Res Ltd	1.27	-9.0%	16570498	1233043448
IFL	IOOF Holdings Ltd	4.22	-8.1%	4536699	2980398794
BET	Betmakers Tech Group	1.15	-6.5%	5733009	1054845458
SYA	Sayona Mining Ltd	0.155	-6.1%	53477504	1132940886
CDA	Codan Limited	10.29	-6.0%	3425735	1980679088
ORE	Orocobre Limited	8.88	-5.7%	4049413	6005491020
NIC	Nickel Mines Limited	1.03	-5.5%	5541954	2741381666
AWC	Alumina Limited	2.01	-4.7%	9494789	6122547790
NWS	News Corp..	30.4	-4.6%	304620	1189774045
WHC	Whitehaven Coal	2.705	-4.4%	32961382	2922383177
CIA	Champion Iron Ltd	4.315	-4.3%	2535642	2284278361
S32	South32 Limited	3.57	-4.3%	19245790	17399710889
JHG	Janus Henderson	57.09	-4.2%	75861	1763668094
PLS	Pilbara Min Ltd	2.13	-3.6%	16772989	6562122467

Pointsbet (ASX:PBH) was down 17% despite turnover rising by 42% and the US business growing rapidly in the US. The company however reported negative cash of $38m for the quarter.

Whitehaven Coal (ASX:WHC) tumbled 5% after coal futures prices plunged this week as traders dumped their positions in light of the Chinese government crackdown on coal hoarding.