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The ASX200 closed down more than 1.1 per cent with every sector in the red and energy in particular taking a sharp plunge.
In the green
Packaging giant Amcor (ASX:AMC) was up nearly 6 per cent despite its quarterly results.
Net sales were 7% lower than last year on a reported basis – and its Adjusted EBIT of $184 million was 6% lower than last year.
AMC closed at $14,45.
Uranium explorer Alligator (ASX:AGE) shot up 5% after identifying uranium intersections at its Samphire Uranium project, near Whyalla, in South Australia.
The drilling yielded results including 0.75 meters at 0.64% of uranium grade from a depth of 63.57 metres; and 4.44 metres at 0.43% from a depth of 61.38 metres.
AGE closed at 6.3 cents.
In the red
Woolworths Group (ASX:WOW) was down ,25 of a per cent on news it will rake in $468 million in a deal to sell a 5% stake in retail drinks network, Endeavour Group (ASX:EDV).
Endeavour operates BWS and Dan Murphy’s bottle shops within its portfolio of hospitality outlets.
Woolworths is promising to return capital to shareholders.
WOW closed at $31.82.
Endeavour Group lost nearly 4 per cent on the sell off. Previously Woolworths held 9.1% of Endeavour’s shares and with 4.1% it is now below the level for having to disclose its stake.
EDV closed at $5.15.
Energy giants struggled today, the sector lost nearly 3% with Santos (ASX:STO) and Woodside Energy Group shedding 2% and nearly3% respectively and Ampol (ASX:ALD) nearly 4%.
And Qantas Airways (ASX:QAN) was down 1% on reports of an app breach of the airline’s main app which enabled passengers and frequent flyers to access and view other passengers’ personal information.
QAN closed at $5.83.
