MENU

Best and worst stocks on the ASX at midday

The S&P/ASX 200 Index (Index: ^AXJO) (ASX: XJO) has given up most of its early gains over the course of this morning’s trade; at midday the index is up just 0.1%.

On Wall Street overnight US stocks were higher with the Dow Jones up 0.24% and the S&P 500 gaining 0.29% as investors’ cheered positive US jobs data.

In local news, the market has been influenced today by retail sales data released by the Australian Bureau of Statistics which showed consumers continued to spend in February.

All sectors except utilities are higher.

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

  • Goodman Fielder Ltd (ASX: GFF) is up 5.7% to 50.2 cents
  • Pacific Brands Limited (ASX: PBG) has rallied 3.4% to 52.2 cents
  • Northern Star Resources Ltd (ASX: NST) has risen 3.3% to $1.09
  • Evolution FPO (ASX: EVN) has added 3.1% to 88.7 cents
  • Platinum Asset Management Limited (ASX: PTM) has gained 2.8% to $7.64

These are the five worst performing stocks at midday today:

  • Sigma Pharmaceutical Limited (ASX: SIP) is down 4% to 66.7 cents
  • PanAust Limited (ASX: PNA) has fallen 3.3% to $1.62
  • G8 Education Ltd (ASX: GEM) has dropped 2.8% to $4.88
  • SEEK Limited (ASX: SEK) has lost 2.3% to $17.50
  • Atlas Iron Limited (ASX: AGO) has slipped 2% to 97.5 cents

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 Goodman Fielder and Pacific Brands.

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.