AU Evening Wrap: ASX Falls 1.5% as Bank of Japan Rocks Asia Session

The $S&P/ASX 200(.XJO.AU)$ Index hit an intraday low of 7019.5 points after the meeting, falling as much as 1.6 per cent at the peak of its losses. It closed 1.5 per cent or 109.6 points lower at 7024.3; the All Ordinaries fell 1.7 per cent to 7199.6.

Apparel group $City Chic Collective Ltd(CCX.AU)$ fell 31 per cent to 40.5¢ after the plus-size fashion retailer flagged a first-half, underlying EBITDA loss following reduced revenue and gross margins, and higher fulfilment costs.

$Johns Lyng Group Ltd(JLG.AU)$ sank 12.3 per cent to $5.97 after executive director and chief operating officer Lindsay Barber sold 4 million shares in the property services group representing 31 per cent of his stake.

$BHP Group Ltd(BHP.AU)$ fell 1.6 per cent to $45.26 and $Rio Tinto Ltd(RIO.AU)$ sank 1.2 per cent to $113.22. $Woodside Energy Group Ltd(WDS.AU)$ declined 1.2 per cent lower to $35.33.