Best and worst stocks on the ASX at midday

A slightly negative lead from Wall Street overnight has flowed through to a tepid morning on the local bourse today. At lunch time the S&P/ASX 200 Index (Index: ^AXJO) (ASX: XJO) was flat, showing a gain of just 0.06%.

A number of big name companies have released their earnings results on Wednesday, including Westfield Group (ASX: WDC) and Worleyparsons Limited  (ASX: WOR). Sectors have been mixed, with falls amongst the miners and strength amongst the financials.

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

  • Paladin Energy Ltd (ASX: PDN) has jumped 22.5% to 54.5 cents
  • Worleyparsons Limited (ASX: WOR) is up 6.9% to $16.56
  • Ramsay Health Care Ltd   (ASX: RHC) has climbed 4.6% to $49.75
  • Transfield Services Limited (ASX: TSE) has added 4.4% to 94 cents
  • Cabcharge Australia Limited (ASX: CAB) has gained 4.2% to $4.45

These are the five worst performing stocks at lunchtime today:

  • BC Iron Ltd (ASX: BCI) has lost 5.3% to $4.96
  • Lend Lease Group  (ASX: LLC) has dropped 4.2% to $11.08
  • Decmil Group Limited (ASX: DCG) has fallen 4.2% to $2.04
  • Virtus Health Ltd (ASX: VRT) is down 4.1% to $8.10
  • Regis Resources Limited (ASX: RRL) has slipped 3.8% to $2.63

The top ASX pick you've never heard of...

Top Motley Fool analysts just identified their #1 ASX pick for 2014, a small-cap stock that could be poised for big gains (and offers a fat, fully franked dividend!). Discover all the details now, including the name and code, in this FREE investment report, "The Motley Fool's Top Stock for 2014."

Motley Fool contributor Tim McArthur owns shares in Cabcharge Australia Ltd.

Two New Stock Picks Every Month!

Not to alarm you, but you’re about to miss a very important event! Chief Investment Advisor Scott Phillips and his team at Motley Fool Share Advisor are about to reveal their latest official stock recommendation. The premium “buy alert” will be unveiled to members and you can be among the first to act on the tip.

Don’t let this opportunity pass you by – this is your chance to get in early!

Simply enter your email now to find out how you can get instant access.

By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. You can unsubscribe from Take Stock at anytime. Please refer to our Financial Services Guide (FSG) for more information.