MENU

Best and worst stocks on the ASX today

The S&P/ASX 200 Index (Index: ^AXJO) (ASX: XJO) has finished Thursday’s trading session down 1.09%, following a sharp sell-off on US markets. Overnight the Dow Jones sunk 0.7%, while the S&P 500 fell 0.61%.

Markets have reacted negatively to comments by the US Federal Reserve chairwomen Janet Yellen that the tapering of bond purchases will continue and interest rates could rise sooner than markets had been anticipating.

In local company news, Myer Holdings Ltd (ASX: MYR) released its interim results which followed the earnings release yesterday of rival department store David Jones Limited (ASX: DJS).

The utilities sector managed to eke out a small 0.09% gain for the day, all other sectors finished well into the red.

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

  • Aristocrat Leisure Limited (ASX: ALL) closed up 4% to $5.40
  • Trade Me Group Ltd (ASX: TME) added 3% to $3.72
  • Cabcharge Australia Limited (ASX: CAB ) climbed 2.6% to $4.31
  • Cardno Limited (ASX: CDD) rose 2.4% to $6.82
  • Lynas Corporation Limited (ASX: LYC) gained 2.3% to 22.5 cents

These stocks were the losers on the day.

  • Wotif.com Holdings Limited (ASX: WTF) dropped 11.3% to $2.66
  • Alacer Gold Corp – CDI (ASX: AQG) lost 10% to $3.15
  • Resolute Mining Limited (ASX: RSG) fell 9.5% to 62 cents
  • Evolution FPO (ASX: EVN) slipped 9.3% to 87.5 cents
  • Newcrest Mining Limited (ASX: NCM) closed down 7.9% to $10.61

Get it now: "2 Hot Stocks for the Next Australian Tech Boom"!

The smart money is already on the move... and savvy investors will want to add these two ASX tech stocks to their portfolios sooner, not later! You can get all the details - including names and codes - in The Motley Fool's brand-new FREE report,
"2 Hot Stocks for the Next Australian Tech Boom." Simply click this link now to claim your FREE copy.

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

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.