The ASX closed down 24 points with the Utilities sector driving the gains.
Of the 50 largest stocks, the most movement has been from Mercury NZ (ASX:MCY) which closed higher by 5.00%, Allkem (ASX:AKE) which finished higher by 4.15% and Unibail-Rodamco-Westfield (ASX:URW) which closed higher by 3.23%.
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 gainer on the ASX at the close was Future First Technologies (ASX:FFT) - which finished 66.67% higher at the close of trade - this is a micro cap company.
The biggest loser on the ASX at the close was Health House International (ASX:HHI) - which was down 44.44% at the close of trade - this is a micro cap company.