Best and worst stocks on the ASX today

ASX soars more than 1%, hitting new highs

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The S&P / ASX 200 Index (Index: ^AXJO) (ASX: XJO) has soared, hitting another new high and finishing up more than 1% at 5,443.6. Overseas markets were all up on Friday, with the Dow Jones and the S&P 500 both rising 0.4%, while the UK's FTSE 100 added 0.1%. Most sectors finished in the black, with health care and telecommunications leading the way with rises of 1.8% and 1.4% respectively.

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

  • Iress Limited (ASX: IRE) soared 6% to $9.95
  • Fortescue Metals Group (ASX: FMG) climbed 4% to $5.42
  • Arrium (ASX: ARI) ex- OneSteel rose 3.9% to $1.47
  • Fairfax Media (ASX: FXJ) added 3.6% to 58 cents
  • IOOF Holdings (ASX: IFL) closed up 3.6% at $9.30

These stocks were the losers on the day.

  • Navitas (ASX: NVT) dropped 9.4% to $5.70
  • Transfield Services (ASX: TSE) fell 6.3% to $1.42
  • Kingsgate Consolidated (ASX: KCN) lost 5% to $1.53
  • Regis Resources (ASX: RRL) closed down 4.8% at $3.58
  • Boart Longyear (ASX: BLY) slipped 4.4% to 43.5 cents
Motley Fool writer/analyst Mike King owns shares in Kingsgate Consolidated.

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