Best and worst stocks on the ASX today

ASX closes down 0.5%, as investors worry about an extended US government shutdown

The S&P / ASX 200 Index (Index: ^AXJO) (ASX: XJO) has closed down 0.5% at 5,208, following the lead from offshore markets as investors become more nervous about the US government stalemate and the looming debt ceiling issue. Markets are concerned that the US could default if it doesn’t raise its debt ceiling before October 17, which could spread chaos through the global markets.

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

These stocks were the losers on the day.

  • NRW Holdings (ASX: NWH) fell 7.8% to $1.355
  • Paladin Energy (ASX: PDN) dropped 6% to 47 cents
  • Leighton Holdings (ASX: LEI) lost 4.6% to $16.74
  • Energy World Corporation (ASX: EWC) slipped 4.1% to 46.4 cents
  • Panaust (ASX: PNA) closed down 3.8% at $2.04

Looking to pick up a non-bank high 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 Leighton Holdings.

Wondering where you should invest $1,000 right now?

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

*Returns as of August 16th 2021

More on ⏸️ Investing