Stock market bloodbath: 20 ASX shares crash up to 34% as global volatility and sector turmoil hit hard

What triggered today’s biggest ASX stock losses? On April 22, 2025, the Australian stock market witnessed a broad-based selloff, with more than 20 companies registering double-digit percentage declines. The dramatic correction in small- and mid-cap equities came amid a mix of global macroeconomic uncertainty, falling commodity sentiment, and profit-taking in recent outperformers. From c