Here are the top ASX large cap movers for Wednesday

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The ASX 200 continues its slide, down by 0.63% today after a 0.67% fall yesterday.
Stocks were sold off following an ABS data release showing a 3.4% surge in white collar salaries in the year ending September.
Overall wages also rose 2.2 per cent over the year.
Financials were the biggest losers down by 2%, while Tech shone and was up 1.5%.
Bank stocks were driven down after the Commonwealth Bank (ASX:CBA) fell 8%, following the release of its its first quarter results that flagged tightening interest margins.
The Tech sector meanwhile got a boost from Nasdaq overnight, with a broad-brushed 2% increases in stocks like Afterpay (ASX:APT) and NextDC (ASX:NXT).
BIG CAP WINNERS
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Code | Name | Price | % Change | Volume | Market Cap |
---|---|---|---|---|---|
UWL | Uniti Group Ltd | 4.19 | 8.5% | 5,244,392 | $2,655,464,909 |
ABB | Aussie Broadband | 5.27 | 7.3% | 3,749,165 | $1,099,014,879 |
NIC | Nickel Mines Limited | 1.155 | 6.0% | 7,505,901 | $2,741,381,666 |
CCX | City Chic Collective | 6.46 | 5.9% | 527,901 | $1,414,712,525 |
LFS | Latitude Group | 2.1 | 5.3% | 116,041 | $2,071,730,768 |
LTR | Liontown Resources | 1.625 | 4.8% | 9,598,985 | $2,962,326,492 |
NVX | Novonix Limited | 9.84 | 4.6% | 6,388,014 | $4,540,926,882 |
APE | Eagers Automotive | 14.22 | 4.6% | 893,149 | $3,494,290,242 |
APX | Appen Limited | 11.56 | 4.5% | 1,309,092 | $1,361,208,571 |
EML | EML Payments Ltd | 2.92 | 3.9% | 5,151,828 | $1,049,330,499 |
MSB | Mesoblast Limited | 1.8 | 3.7% | 2,381,449 | $1,125,487,681 |
NWS | News Corp.. | 33.15 | 3.4% | 350,901 | $1,300,464,197 |
FCL | Fineos Corp Hold PLC | 4.33 | 3.3% | 79,717 | $1,336,328,273 |
MGH | Maas Group Holdings | 4.64 | 3.3% | 196,879 | $1,294,597,614 |
NWL | Netwealth Group | 17.02 | 3.3% | 171,432 | $4,018,034,960 |
TPW | Temple & Webster Ltd | 11.07 | 3.3% | 518,008 | $1,291,255,388 |
NXT | Nextdc Limited | 12.77 | 3.1% | 1,490,538 | $5,657,948,549 |
Shares in telco Uniti Group (ASX:UWL) were up 8.5% after announcing the execution of a buyback of 10% of all issued shares. The company also reported that key financial performance metrics for FY22 YTD are ahead of internal budgets.
Payment solutions provider EML Payments (ASX:EML) was up following its AGM today, in which it forecast an improvements in transaction volumes as malls reopen and economies rebound from COVID-19.
Eagers Automotive (ASX:APE) said it expects to record a full year profit of approximately $390 to $395 million, as compared to $209.4 million for the previous corresponding period.
BIG CAP LOSERS
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Code | Name | Price | % Change | Volume | Market Cap |
---|---|---|---|---|---|
NUF | Nufarm Limited | 4.58 | -8.8% | 4,156,403 | $1,907,133,722 |
IMU | Imugene Limited | 0.545 | -8.4% | 43,324,423 | $3,369,549,123 |
CBA | Commonwealth Bank. | 98.79 | -8.3% | 6,972,503 | $183,744,247,811 |
APM | APM Human Services | 3.05 | -4.7% | 806,536 | $2,875,588,426 |
CTT | Cettire | 4.54 | -4.4% | 548,755 | $1,810,881,545 |
CHN | Chalice Mining Ltd | 9.89 | -4.3% | 2,142,760 | $3,659,280,399 |
CRN | Coronado Global Res | 1.18 | -4.1% | 4,899,373 | $2,062,038,088 |
ILU | Iluka Resources | 8.42 | -4.0% | 2,174,458 | $3,711,484,539 |
CEN | Contact Energy Ltd | 7.54 | -3.5% | 18,770 | $1,922,555,320 |
EVN | Evolution Mining Ltd | 3.99 | -3.4% | 5,060,532 | $7,570,039,078 |
MAF | MA Financial Group | 8.91 | -3.3% | 86,471 | $1,441,714,630 |
OCL | Objective Corp | 20.54 | -3.2% | 58,111 | $2,004,072,418 |
DEG | De Grey Mining | 1.215 | -3.2% | 2,460,003 | $1,765,061,524 |
LFG | Liberty Fin Group | 5.66 | -3.1% | 38,166 | $1,773,024,000 |
PSI | Psc Insurance Ltd | 4.64 | -2.7% | 11,270 | $1,539,735,608 |
Commonwealth Bank was down 8% after releasing its results for the first quarter of FY22 which showed a profit of ~$2.3 billion, a 20% increase from the first quarter of FY21. But arguably what concerned investors was a squeeze in its net interest margins.
Nufarm (ASX:NUF) stock price fell 9% despite growing revenues by 10% to $3.2 billion and its earnings by 51% to $370 million.
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