Here are the top ASX large cap movers for Thursday

Pic: Stevica Mrdja / EyeEm / EyeEm via Getty Images

There was broad based selloff across ASX blue chips today, with all 11 sectors falling into the red.

The benchmark ASX 200 index ended up lower by 1.9% as it sank further from the mid session loss of 1%.

It was one of the biggest drops for the ASX this year, matching its one-day loss of 1.9% in February.

The downward move today followed action on Wall Street overnight, where the US stock markets fell on concerns about the soft US jobs data and coronavirus spread around the world.

BIG CAP LOSERS

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Code	Name	Price	% Change	Volume	Market Cap
ASM	Ausstratmaterials	11.43	-8.4%	724,845	$1,741,034,955
VUK	Virgin Money Uk PLC	3.59	-8.2%	5,977,822	$3,431,998,015
LTR	Liontown Resources	1.06	-7.8%	12,380,777	$2,193,074,341
CTT	Cettire	3.36	-7.7%	1,305,865	$1,387,707,121
ERA	Energy Resources	0.31	-7.5%	348,326	$1,236,613,371
ORE	Orocobre Limited	8.88	-6.5%	3,105,148	$6,051,065,793
IMU	Imugene Limited	0.385	-6.1%	17,915,719	$2,188,518,578
PLS	Pilbara Min Ltd	2.04	-6.0%	33,177,731	$6,369,904,815
OBL	Omni Bridgeway Ltd	3.97	-5.9%	2,394,626	$1,118,219,166
EML	EML Payments Ltd	3.81	-5.5%	3,940,716	$1,461,764,107
INR	Ioneer Ltd	0.625	-5.3%	16,194,249	$1,256,769,955
MP1	Megaport Limited	16.35	-5.1%	463,664	$2,701,205,829

ASX resources and commodities plays were weighed down by softer commodities prices overnight, where iron price fell by 3.5% on China’s demand concerns.

Giant miners like Rio Tinto (ASX:RIO) and BHP (ASX:BHP) both fell by around 2%.

The big banks were also being sold off by investors, with the Big Four trading lower by around 2%.

The Tech sector went deep in the red and lost almost 3%, with broad selling across major names.

Xero (ASX:XRO) was the hardest hit tech stock, down by 4% with Afterpay (ASX:APT) also dragging the index down and falling by 3%.

In the Communications sector, REA Group (ASX:REA) fell by 3% while Telstra (ASX:TLS) fell by 2.4% – both on no news.

BIG CAP WINNERS

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Code	Name	Price	% Change	Volume	Market Cap
CEN	Contact Energy Ltd	7.77	0.52%	26	$1,879,825,855
HSN	Hansen Technologies	5.58	0.54%	1,036,221	$1,112,879,379
TPW	Temple & Webster Ltd	12.78	0.55%	619,218	$1,530,956,715
BKI	BKI Investment Ltd	1.66	0.61%	619,551	$1,222,247,385
WHC	Whitehaven Coal	2.92	0.69%	8,635,612	$2,994,668,273
IFT	Infratil Limited	7.18	0.70%	15,114	$5,163,141,914
SNZ	Summerset Grp Hldgs	14.65	0.76%	987	$3,338,483,933
PPK	PPK Group Limited	20.12	0.85%	503,982	$1,781,321,395
HGH	Heartland Group	2.28	0.89%	112	$1,324,143,865
LIC	Lifestyle Communit.	21.51	1.22%	485,979	$2,221,584,034
NVX	Novonix Limited	5.53	1.84%	11,164,293	$2,196,985,515
RMD	ResMed Inc.	40.31	1.87%	1,567,668	$16,117,263,031
AX1	Accent Group Ltd	2.16	1.89%	2,368,146	$1,148,757,436
MGH	Maas Group Holdings	5.37	2.29%	356,759	$1,450,047,086
VUL	Vulcan Energy	14.73	2.65%	1,976,795	$1,561,156,073

Stocks that rose today include Novonix (ASX:NVX) (not in the ASX 200), which climbed 3%. The NVZ stock price has been rising by 12% this week after being admitted into the ASX 300 index.

Resmed (ASX:RMD) was up 3% on no news. Last Friday, Resmed was included in the ASX 50 index as part of the quarterly rebalance which will take effect on September 20.

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