Best and worst stocks on the ASX today

The S&P / ASX 200 Index (Index: ^AXJO) (ASX: XJO) has closed higher for the third day in a row. The market ended up 0.4% at 5,035.1. Materials and telecommunications stocks rose 1.1%, while the consumer discretionary sector fell 0.8% and industrials closed 0.4% down. With mixed Consumer Price Index (CPI) data out today, investors still have no better idea whether the Reserve Bank will cut interest rates next month.

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

  • Energy World Corporation (ASX:EWC) climbed 12.7% to 62 cents
  • Discovery Metals Group (ASX:DML) added 12.5% to 18 cents
  • Resolute Mining (ASX:RSG) added 9.3% to finish at 82 cents
  • Atlas Iron Limited (ASX:AGO) rose 9% to 91 cents
  • Medusa Mining Limited (ASX:MML) closed up 6.6% at $2.27.

These stocks were the losers on the day.

  • Mineral Deposits Limited (ASX:MDL) fell 4.6% to $2.08
  • Breville Group (ASX:BRG) dropped 4% to $7.48
  • United Group (ASX:UGL) ended down 3.8% at $7.70
  • Magellan Financial Group (ASX:MFG) closed down 3.6% at $11.18
  • Aurora Oil and Gas (ASX:AUT) lost 3.5% to $3.36.

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

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