ASX 200 fell today. Picture Getty Images
Here are the top ASX large cap movers for Wednesday
News
share
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 |
- Subscribe to our daily newsletter
- Join our small cap Facebook group
- Follow us on Facebook or Twitter
Read MoreMarkets
