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Best and worst stocks on the ASX today

The S&P/ASX 200 Index (Index: ^AXJO) (ASX: XJO) has finished the day and the week up 0.69% and 0.16% respectively.

Friday’s gains on the ASX followed a strong session on Wall Street overnight where the Dow Jones was up 0.67%, and the S&P 500 rose 0.6%, after U.S. investors reacted positively to a string of economic data releases.

In company news, the retail sector remained in focus today after wholesaler Metcash announced a profit downgrade. Metcash’s update followed lacklustre interim earnings reports from Australia’s two major department stores David Jones Limited (ASX: DJS) and Myer Holdings Ltd (ASX: MYR) earlier in the week.

With the exception of consumer discretionary, all sectors registered gains for the day.

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

  • Energy World Corporation Ltd. (ASX: EWC) rallied 8.8% to 31 cents
  • Silver Lake Resources Limited. (ASX: SLR) jumped 6.7% to 47.5 cents
  • Independence Group NL (ASX: IGO) added 6% to $4.04
  • ALS Ltd (ASX: ALQ) climbed 5% to $7.54
  • G8 Education Ltd (ASX: GEM) gained 4.8% to $4.76

 These stocks were the losers on the day.

  • Metcash Limited (ASX: MTS) plunged 9.5% to $2.85
  • Alacer Gold Corp – CDI (ASX: AQG) dropped 3.8% to $3.03
  • REA Group Limited (ASX: REA)  lost 3.8% to $47.00
  • Cromwell Group (ASX: CMW) fell 3.5% to 96.5 cents
  • OZ Minerals Limited (ASX: OZL) slipped 2.8% to $3.18

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

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