Best and worst stocks on the ASX today

The market has finished Tuesday’s session well off its early morning lows with the S&P/ASX 200 Index (Index: ^AXJO) (ASX: XJO) closing the day down just 0.06%.

The flat close is a good result considering the action overnight on Wall Street where the Dow Jones fell 1.02% and the S&P 500 lost 1.08% as technology stocks such as, Inc. (NASDAQ: AMZN) and Yahoo! Inc. (NASDAQ: YHOO) continued to come under selling pressure.

On the ASX, sectors were mixed; industrials and consumer discretionary led the decliners with falls of 0.91% and 0.8% respectively; while materials helped along by gold stocks and the major miners saw gains of 0.49%, while and property provided support with gains of 0.48%.

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

  • Mesoblast limited (ASX: MSB) rallied 7.6% to $4.96
  • Treasury Wine Estates Ltd (ASX: TWE) jumped 7.2% to $3.87
  • Atlas Iron Limited (ASX: AGO) gained 4.7% to $1.01
  • PanAust Limited (ASX: PNA) added 4.6% to $1.69
  • Arrium Ltd (ASX: ARI) climbed 3.4% to $1.37

These stocks were the losers on the day:

  • TPG Telecom Ltd (ASX: TPM) slumped 5.5% to $6.05
  • Cabcharge Australia Limited (ASX: CAB) lost 5.4% to $3.87
  • Platinum Asset Management Limited (ASX: PTM) fell 4% to $7.20
  • Kathmandu Holdings Ltd (ASX: KMD) dropped 3.5% to $3.34
  • Henderson Group plc (ASX: HGG) slipped 3.3% to $4.63

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

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