The Motley Fool

Best and worst stocks on the ASX today

The S&P / ASX 200 Index (Index: ^AXJO) (ASX: XJO) has soared 2.1% to 5,202.2, following the lead of US markets overnight. The Dow Jones climbed 1.8%, while the S&P 500 rose 1.7%, following the US Federal Reserve’s announcement that it would cut back its easing program by $10 billion a month to a still impressive $75 billion.

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

  • Caltex Australia (ASX: CTX) gained 13.1% to $19.12
  • Fleetwood Corporation (ASX: FWD) climbed 10% to $2.65
  • BlueScope Steel (ASX: BSL) rose 8.5% to $5.60
  • Silver Lake Resources (ASX: SLR) added 7.5% to 43 cents
  • Sirius Resources (ASX: SIR) closed up 6.8% to $2.12

These stocks were the losers on the day.

  • Wotif.com Holdings (ASX: WTF) dropped 10.9% to $2.54
  • Forge Group (ASX: FGE) dipped 4.2% to 57.5 cents
  • Kingsgate Consolidated (ASX: KCN) fell 2.6% to 95 cents
  • SMS Management & Technology (ASX: SMX) lost 1.6% to $3.74
  • Beadell Resources (ASX:BDR) closed down 1.3% at 75 cents

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 Silver Lake, Sirius, Forge and Beadell. You can follow Mike on Twitter @TMFKinga

FREE REPORT: Five Cheap and Good Stocks to Buy now…

Our Motley Fool experts have FREE report, detailing 5 dirt cheap shares that you can buy today.

One stock is an Australian internet darling with a rock solid reputation and an exciting new business line that promises years (or even decades) of growth… while trading at an ultra-low price…

Another is a diversified conglomerate trading near a 52-week low all while offering a 2.7% fully franked yield…

Plus 3 more cheap bets that could position you to profit over the next 12 months!

See for yourself now. Simply click the link below to scoop up your FREE copy and discover all 5 shares. But you will want to hurry – this free report is available for a brief time only.

CLICK HERE FOR YOUR FREE REPORT!