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ASX Close of market report Tuesday, 18 April 2023

The ASX closed down -28.80 points with the Utilities sector leading the charge.

Of the 50 largest stocks, the most movement has been from Mineral Resources (ASX:MIN.asx) which closed 1.83% higher.

In number 2 spot is Apa Group (ASX:APA.asx) which closed the session up by 1.76%.

Meridian Energy (ASX:MEZ.asx) rounds out the top 3 moving up 1.25%.

As the top 50 largest companies comprise almost 60% of the total market, any big changes to their share price may influence the overall market.

The biggest winner on the ASX today was Larvotto Resources (ASX:LRV.asx) - which finished 81.48% higher.

The biggest loser by the close was Prominence Energy (ASX:CLE.asx) - falling by 50%.

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