MENU

Best and worst stocks on the ASX today

The S&P / ASX 200 Index (Index: ^AXJO) (ASX: XJO) has pulled back from the early gains, closing up 0.2% at 4,973.9. The rise follows strong gains on overseas markets, with the US S&P 500 index hitting its highest level ever, after Ben Bernanke reaffirmed the US Federal Reserve’s commitment to maintaining its stimulus program.

Here are the top five best performing stocks in the index.

With gold rising four days in a row, it’s perhaps no surprise that gold stocks dominated the top ten highest moving stocks on the index.

Gold miner Perseus Mining (ASX:PRU) gained 13.3% to end at 68 cents.

Emeco Holdings (ASX:EHL) rose 11.4% to 24.5 cents.

Australia’s largest gold miner Newcrest Mining (ASX:NCM) continues its recovery, up 8.9% to $12.09.

Sundance Resources (ASX:SDL) climbed 8.5% to 7.7 cents.

Monadelphous Group (ASX:MND) added 6.4% to $16.34.

These stocks were the losers on the day.

Resolute Mining (ASX:RSG), another gold miner fell 5.3% to close at 63 cents.

Lynas Corporation (ASX:LYC) lost 4.3%, finishing at 44.5 cents.

Telecommunications company iiNet Limited (ASX:IIN), ended down 4.2% at $6.10.

Cabcharge Australia (ASX:CAB) fell 3.2% to $4.28.

Paladin Energy (ASX:PDN) lost 3.1% to finish at 93 cents.

In the market for high yielding ASX shares? Get “3 Stocks for the Great Dividend Boom” in our special FREE report. Click here now to find out the names, stock symbols, and full research for our three favourite income ideas, all completely free!

More reading


Motley Fool writer/analyst Mike King doesn’t own shares in any companies mentioned.

Two New Stock Picks Every Month!

Not to alarm you, but you’re about to miss a very important event! Chief Investment Advisor Scott Phillips and his team at Motley Fool Share Advisor are about to reveal their latest official stock recommendation. The premium “buy alert” will be unveiled to members and you can be among the first to act on the tip.

Don’t let this opportunity pass you by – this is your chance to get in early!

Simply enter your email now to find out how you can get instant access.

By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. You can unsubscribe from Take Stock at anytime. Please refer to our Financial Services Guide (FSG) for more information.