Best and worst stocks on the ASX today

The S&P/ASX 200 Index (Index: ^AXJO) (ASX: XJO) has finished the day flat, posting a fall of just 0.04%. After initially slipping, the local bourse managed to stage a recovery and briefly turned positive, however it was unable to hold those gains, finishing the day in negative territory.

On Friday US markets were lower after the Dow Jones dropped 0.94% and the S&P 500 lost 0.65%. Investors appear to remain concerned about the health of emerging market economies; while on the domestic front mixed economic news failed to give traders clear direction.

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

  • Ten Network Holdings Ltd (ASX: TEN) closed up 4.2% to 37 cents
  • Pacific Brands Limited (ASX: PBG) added 4.1% to 64 cents
  • Slater & Gordon Limited (ASX: SGH) gained 3.6% to $4.56
  • Southern Cross Media Group Ltd (ASX: SXL) climbed 3.5% to $1.625
  • NRW Holdings Limited (ASX: NWH) rose 3.2% to $1.29

These stocks were the losers on the day.

  • Resolute Mining Limited (ASX:RSG) closed down 6.4% to 51 cents
  • Forge Group Limited (ASX:FGE) fell 6.3% to 67 cents
  • Horizon Oil Ltd (ASX:HZN) lost 6% to 31.5 cents
  • Medusa Mining Limited (ASX: MML) dropped 5.1% to $1.85
  • EVOLUTION FPO  (ASX: EVN) slipped 3.9% to 61.5 cents

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Motley Fool contributor Tim McArthur owns shares in Pacific Brands Ltd and Slater & Gordon Ltd.

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