Best and worst stocks on the ASX at midday

The ASX is higher at midday today after receiving a positive lead from Wall Street overnight and lending finance data released by the Australian Bureau of Statistics which showed a positive trend. Company results released this morning were mixed, however, all sectors of the market are showing gains. At lunchtime the S&P/ASX 200 Index (Index: ^AXJO) (ASX: XJO) was 0.72% higher.

Here are the top five best performing stocks in the index at midday today:

  • Evolution Mining Ltd (ASX: EVN) has rallied 7% to 84.5 cents
  • Sims Metal Management Ltd (ASX: SGM) has jumped 6.2% to $10.64
  • Resolute Mining Limited   (ASX: RSG) is up 5.7% to 65.5 cents
  • Sirius Resources N.L  (ASX: SIR) has gained 4.4% to $2.37
  • Incitec Pivot Limited (ASX: IPL) has added 3.6% to $3.045

These are the five worst performing stocks at midday today:

  • GUD Holdings Limited (ASX: GUD) has declined 4% to $5.94
  • Automotive Group Holdings Ltd (ASX: AHE) is down 3.5% to $3.57
  • Whitehaven Coal Ltd (ASX: WHC) has lost 2.8% to $1.56
  • David Jones Limited (ASX: DJS) has slipped 1.6% to $3.06
  • Bradken Limited (ASX: BKN) has dropped 1.3% to $4.55

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Motley Fool contributor Tim McArthur does not own any shares mentioned in this article.

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