The S&P / ASX 200 Index (Index: ^AXJO) (ASX: XJO) has had a lack lustre day rising just 0.1% to finish at 4,986. Our market followed the lead of overseas markets, much like it did yesterday, with the Dow Jones and S&P 500 adding 0.1% overnight.
Here are the top five best performing stocks in the index.
- Paladin Energy (ASX:PDN) climbed 7.3% to $1.03 after the uranium miner posted record production in the 2013 financial year.
- Envestra (ASX:ENV) added 6.1% to end at $1.13, after receiving a takeover bid from APA Group.
- Wotif.com Holdings (ASX:WTF) rose 3.3% to $5.05.
- Toll Holdings (ASX:TOL) ended up 3% at $5.52.
- Ausdrill Limited (ASX:ASL) also rose 3%, to finish at $1.05.
These stocks were the losers on the day.
- Perseus Mining (ASX:PRU) lost 22%, after the gold miner missed its own guidance for the past six months.
- McMillan Shakespeare (ASX:MMS) fell 14.7% to $15.36, before the company went into a trading halt. It seems that the changes to fringe benefits tax announced today will have "a material effect" on the company's business.
- Car retailer, Automotive Holdings (ASX:AHE) fell 7.6% to $3.43.
- Magellan Financial Group (ASX:MFG) lost 6.7% to $11.95.
- Treasury Wine Estates (ASX:TWE) ended down 6.1% at $4.79.
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Motley Fool writer/analyst Mike King doesn't own shares in any companies mentioned.
