Best and worst stocks on the ASX today

So much for the ‘Santa rally’.

The S&P / ASX 200 Index (Index: ^AXJO) (ASX: XJO) has finished the week down, losing 0.2% to close at 5,186. That takes this week’s performance to -2.5%, as investors likely fear that the US Federal Reserve will begin tapering its quantitative easing program earlier than expected. Overnight, US stockmarkets fell with both the Dow Jones and the S&P 500 losing 0.4%.

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

These stocks were the losers on the day.

  • Transfield Services (ASX: TSE) dropped 7.8% to $1.00
  • Oceana Gold Corp (ASX: OGC) lost 4.7% to $1.615
  • Qantas Airways (ASX: QAN) fell 3.7% to $1.03
  • Arrium (ASX: ARI) ex-OneSteel slipped 3.7% to $1.585
  • Flight Centre Travel (ASX: FLT) closed down 3% at $46.00

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."

Motley Fool writer/analyst Mike King owns shares in Flight Centre. You can follow Mike on Twitter @TMFKinga

The 5 mining stocks we’re recommending in 2019…

For decades, Australian mining companies have minted money for individual investors like you and me. But if you believe the pundits and talking heads on TV, those days are long gone. Finito! Behind us forever…

We say nothing could be further from the truth. To earn the really massive returns, you’ve got to fish where others aren’t fishing—and the mining sector could be primed for a resurgence. That’s why top Motley Fool analysts just revealed their exciting new research on 5 ASX miners they believe could help you profit in 2019 and beyond…


The best way we see to play the global zinc shortage… Our #1 favourite large-cap miner (hint: it’s not BHP)… one early-stage gold miner we think could hit the motherlode… Plus two more surprising companies you probably haven’t heard of yet!

For free access to our brand-new research, simply click here or the link below. But be warned, this research is available free for a limited time only, and we reserve the right to withdraw it at any time.

Click here for your FREE report!