Here are the top ASX large cap movers for Wednesday

The ASX 200 finished lower today by 0.36% after recovering from a 0.72% fall at the open.

The iron ore spot price rebounded overnight by almost 5%, but iron ore plays did not respond to the move today, with major players like Fortescue (ASX:FMG) and BHP (ASX:BHP) falling by 0.4% and 0.8% respectively.

Instead the Financials sector led, with Real Estate and Consumer Staple sectors being the laggards.

Today’s broader index slide was also exacerbated by 15 stocks that were trading ex-dividend that include Adairs (ASX:ADH), which fell by 4%.

Market reaction to ex-div stocks:
– $SBM -6.6%
– $SSG -5.2%
– $PAC -4.6%
– $ADH -4.2%
– $AX1 -3.6%
– $ASB -3.5%
– $AVJ -3.2%
– $SEK -2.5%
– $BXB -2.2%
– $MPL -1.7%
– $BKL -1.7%
– $KME -1.4%
– $MNY -0.7%
– $EHL -0.44% https://t.co/6JJwCo4xow

— CommSec (@CommSec) September 8, 2021

BIG CAP WINNERS

Swipe or scroll to reveal the full table. Click headings to sort.

Code	Name	Price	% Change	Volume	Market Cap
NVX	Novonix Limited	5.43	10.1%	8,244,261	$1,994,684,823
CTT	Cettire	3.64	6.1%	3,041,505	$1,307,647,095
SOL	Soul Pattinson (W.H)	38.23	5.6%	1,695,062	$8,666,110,584
MQG	Macquarie Group Ltd	179.13	4.7%	1,281,376	$63,105,644,216
TNE	Technology One	11.71	4.6%	2,751,387	$3,599,249,994
QUB	Qube Holdings Ltd	3.42	4.6%	12,651,040	$6,235,759,478
MLT	Milton Corporation	7.37	4.4%	2,683,906	$4,760,066,370
AWC	Alumina Limited	2.1	4.0%	18,366,836	$5,861,396,462
AEF	Australian Ethical	11.02	2.8%	408,772	$1,204,790,119
LTR	Liontown Resources	1.15	2.7%	8,167,068	$2,135,863,706
CCX	City Chic Collective	6.29	2.4%	1,040,226	$1,423,989,328
TPG	TPG Telecom Limited	6.8	2.3%	1,318,576	$12,364,622,099
LSF	L1 Long Short Fund	2.75	2.2%	867,380	$1,631,805,347
CGC	Costa Group Holdings	3.26	2.2%	2,164,113	$1,481,367,801
S32	South32 Limited	3.36	2.1%	24,925,809	$15,356,111,516
FCL	Fineos Corp Hold PLC	4.49	2.0%	899,882	$1,399,004,979

Macquarie Group (ASX:MQG) led the Financials sector today, and rallied by 4.6% after reporting a full year net profit of $3.01bn for FY21 vs $2.75bn in FY20.

Novonix (ASX:NVX) was the biggest gainer in the large end of town, rising by 10% on no news.

Diversified company Washington H Soul Pattinson (ASX:SOL) rose by 5%, also on no news. The company does have a bunch of financial stocks in its portfolio.

Logistics solutions provider Qube Logstics (ASX:QUB) rose by 4.5% after entering into an agreement to acquire Newcastle Agri Terminal from the existing shareholders CBH, Viterra Australia, Riverina and CTC Terminals. Total consideration is in the order of $90 million, which will be funded through Qube’s existing undrawn debt facilities.

BIG CAP LOSERS

Swipe or scroll to reveal the full table. Click headings to sort.

Code	Name	Price	% Change	Volume	Market Cap
SBM	St Barbara Limited	1.465	-6.1%	7,440,775	$1,104,933,812
APE	Eagers Automotive	16.31	-5.9%	585,556	$4,455,220,058
NST	Northern Star	9.33	-5.3%	5,668,195	$11,467,883,185
RBL	Redbubble Limited	4.14	-5.3%	1,417,790	$1,195,720,375
PBH	Pointsbet Holdings	10.28	-4.8%	2,121,198	$2,729,218,493
EML	EML Payments Ltd	4.03	-4.7%	2,681,996	$1,534,308,231
SLR	Silver Lake Resource	1.32	-4.7%	6,359,936	$1,226,175,830
HSN	Hansen Technologies	5.55	-4.6%	1,561,166	$1,167,019,457
HTA	Hutchison	0.105	-4.5%	78,833	$1,492,975,943
MP1	Megaport Limited	17.22	-4.3%	480,579	$2,823,560,100
PRU	Perseus Mining Ltd	1.465	-4.2%	4,047,408	$1,877,263,442
ARB	ARB Corporation.	49.28	-4.1%	313,752	$4,191,656,000
AX1	Accent Group Ltd	2.12	-4.1%	1,894,696	$1,197,525,440
EVN	Evolution Mining Ltd	3.85	-3.8%	8,787,944	$7,331,756,976