Best and worst stocks on the ASX today

The S&P / ASX 200 Index (Index: ^AXJO) (ASX: XJO) has had another lack lustre day rising just 0.2% to finish at 4,993.4. Our market clearly followed the lead from overseas, where the Dow Jones Industrial Average added a measly 0.1% and the S&P 500 managed a barely better 0.3%. That’s despite US Federal Reserve chairman Ben Bernanke saying that the timeline to end its easing program was not set in stone, suggesting we could see significant stimulus measures for some time yet.

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

  • Copper miner Discovery Metals (ASX:DML) added 12.9% to close at 17.5 cents.
  • Billabong International (ASX:BBG) added 9% to 36.5 cents.
  • Drilling services company Boart Longyear (ASX:BLY) rose 8% to 60.5 cents.
  • Emeco Holdings (ASX:EHL) closed at 29 cents, up 7.4%.
  • Horizon Oil (ASX:HZN) was up 7% to 38 cents.

These stocks were the losers on the day.

  • Pharmaceuticals company Acrux (ASX:ACR) lost 8.5% to finish at $3.46.
  • Theme park and entertainment centre owner Ardent Leisure (ASX:AAD) fell 4.9% to $1.74.
  • Australia’s largest gold miner, Newcrest Mining (ASX:NCM) continues its volatile trading, falling 4.5% to $10.95.
  • Pacific Brands (ASX:PBG) lost 4.3% to close at 77.5 cents.
  • Kingsgate Consolidated (ASX:KCN) fell 4.2% to $1.595.

Interested in our #1 dividend-paying stock? Discover The Motley Fool’s favourite income idea for 2013-2014 in our brand-new, FREE research report, including a full investment analysis! Simply click here for your FREE copy of “The Motley Fool’s Top Dividend Stock for 2013-2014.”

More reading

Motley Fool writer/analyst Mike King owns shares in Billabong & Kingsgate Consolidated.

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.