What you need to know at the close

The ASX closed up 29 points with the Energy sector driving the gains.

Of the 50 largest stocks, the most movement has been from Contact Energy (ASX:CEN) which closed higher by 5.17%, Meridian Energy (ASX:MEZ) which finished higher by 5.10% and South32 (ASX:S32) which closed higher by 3.75%.

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 Mithril Resources (ASX:MTH) - which finished 100.00% higher at the close of trade - this is a micro cap company.

The biggest loser on the ASX at the close was Oncosil Medical (ASX:OSL) - which was down 54.84% at the close of trade - this is a micro cap company.