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Best and worst stocks on the ASX today

The S&P / ASX 200 Index (Index: ^AXJO) (ASX: XJO) has rocketed upwards, rising 1.6% to 5,230.9, as the US political impasse appears to be nearing a conclusion, and despite the news that President Barack Obama has rejected a Republican proposal to raise the debt ceiling. Most sectors finished in the black today, although gold and information technology both fell into the red.

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

  • Linc Energy (ASX: LNC) soared 10.4% to $1.225
  • Sigma Pharmaceuticals (ASX: SIP) climbed 7.3% to 59 cents
  • Independence Group (ASX: IGO) rose 5.7% to $3.70
  • Transpacific Industries Group (ASX: TPI) added 5.6% to $1.045
  • Arrium (ASX: ARI), ex-OneSteel, closed up 4.8% at $1.30

These stocks were the losers on the day.

  • Energy World Corporation (ASX: EWC) plummeted 7.8% to 41.5 cents
  • Carsales.com (ASX: CRZ) dropped 3.1% to $10.79
  • Resolute Mining (ASX: RSG) closed down 2.6% at 55.5 cents
  • Sundance Resources (ASX: SDL) fell 2.6% to 7.5 cents
  • Alacer Gold Corp (ASX: AQG) slipped 1.6% to $3.15


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Motley Fool writer/analyst Mike King owns shares in Carsales.com.

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