Here are the top ASX large cap movers for Thursday

The ASX 200 closed in the red for the third time in four sessions on Thursday, but an afternoon rally saw it finish just 0.15% lower on the day.

As markets reassess the outlook for tighter monetary policy and ongoing COVID-19 disruptions, the ASX 200 Energy index continued its recent declines.

Resources stocks also lost ground, with sharper falls for the big gold stocks as ongoing strength in the US dollar keeps pressure on USD-denominated gold prices.

Reflecting the risk off tone, defensive utilities stocks outperformed the index with a sector gain of 1.5%. And after struggling for traction in recent weeks, the big banks found demand.

Conversely, tech stocks got belted as the ASX 200 Information Technology index stayed in its volatile downtrend with a 3.15% fall.

BIG CAP WINNERS

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Code	Name	Price	% Change	Volume	Market Cap
WOR	Worley Limited	10.12	6.5%	2,108,223	$4,974,704,051
HTA	Hutchison	0.11	4.8%	311,923	$1,425,113,401
IAP	Irongate Group	1.63	4.2%	2,691,570	$1,009,912,793
AGL	AGL Energy Limited.	5.45	3.6%	4,606,514	$3,463,074,350
GNE	Genesis Energy Ltd	2.95	3.5%	30,407	$2,974,170,655
FBU	Fletcher Building	6.61	3.4%	684,580	$5,214,182,439
IMU	Imugene Limited	0.52	3.0%	18,541,325	$2,882,350,268
GUD	G.U.D. Holdings	11.08	2.8%	1,135,829	$1,022,559,074
JIN	Jumbo Interactive	17.58	2.6%	376,938	$1,069,910,439
TCL	Transurban Group	13.85	2.5%	4,306,939	$41,472,475,893
VSL	Vulcan Steel	7.99	2.4%	62,419	$1,024,986,862
LOV	Lovisa Holdings Ltd	20.19	2.2%	146,300	$2,122,328,009
CBA	Commonwealth Bank.	95.97	2.2%	2,028,650	$160,196,043,690
CUV	Clinuvel Pharmaceut.	28.71	2.2%	148,628	$1,388,430,498

Gains among the major lenders were led by Commonwealth Bank (ASX:CBA), which is off its post-COVID highs above $100 but climbed more than 2% today.

Elsewhere, a steady band of infrastructure and utilities stocks came back in favour, as investors moved into defensive names amid rising volatility.

Transurban (ASX:TCL) performed well, as did infrastructure construction company Fletcher Building (ASX:FBU) and utilities play AGL (ASX:AGL).

BIG CAP LOSERS

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Code	Name	Price	% Change	Volume	Market Cap
LTR	Liontown Resources	1.61	-16.1%	36,676,712	$3,670,422,493
ASM	Ausstratmaterials	11.46	-8.7%	555,525	$1,750,800,375
CTT	Cettire	3.35	-8.2%	917,319	$1,391,519,503
NWL	Netwealth Group	15.21	-6.3%	530,934	$3,959,519,888
PDN	Paladin Energy Ltd	0.825	-6.3%	23,074,305	$2,357,379,175
APT	Afterpay Limited	100	-6.1%	1,336,583	$30,913,558,295
ORE	Orocobre Limited	9.51	-5.4%	5,912,509	$6,407,132,139
GOR	Gold Road Res Ltd	1.36	-5.2%	2,895,019	$1,265,383,059
SYA	Sayona Mining Ltd	0.1375	-5.2%	36,060,042	$1,021,525,067
XRO	Xero Ltd	141.15	-5.1%	409,378	$22,122,787,528
PDL	Pendal Group Ltd	5.8	-4.6%	1,754,313	$2,326,681,553
CMM	Capricorn Metals	2.82	-4.4%	1,296,007	$1,092,401,027
AVZ	AVZ Minerals Ltd	0.655	-4.4%	19,788,646	$2,204,448,286
CEN	Contact Energy Ltd	7.47	-4.4%	7,842	$1,922,725,835
VUL	Vulcan Energy	10.25	-4.3%	1,204,850	$1,326,268,705

On the other side of today’s ledger, the laggard was lithium darling Liontown Resources (ASX:LTR), which dipped by more than 15% after confirming the successful completion of its $450m share placement to bring its Kathleen Valley lithium mine in WA into production.

Also falling today was uranium large cap Paladin Energy (ASX:PDN), which gave a presentation on its global uranium production plans at the Macquarie Western Australia Forum.

Another lithium darling, Vulcan Energy (ASX:VUL), fell sharply and is trading in a range around 30% lower than its all-time highs before the J Capital short report.

Elsewhere, BNPL leader Afterpay (ASX:APT) was a notable laggard after flagging a delay from the Bank of Spain regarding regulatory approval for its takeover by Square. With a fall of 6.1%, APT shares closed at $100 on the button.