MENU

Best and worst stocks on the ASX today

The S&P/ASX 200 Index (Index: ^AXJO) (ASX: XJO) has closed down 1% at 5,428.6, with all sectors falling into the red, following on from losses on overseas markets overnight. For the week, the index is flat, despite a number of heavy falls. It’s no surprise that the information technology sector suffered the most today, dropping 2.5%, while gold and consumer staples also took a couple of big hits. Just 25 stocks in the index managed to post a gain.

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

  • Echo Entertainment Group Ltd (ASX: EGP) soared 12% to $2.70
  • Paladin Energy Ltd (ASX: PDN) climbed 4.7% to 45 cents
  • Beadell Resources Ltd (ASX: BDR) gained 3.9% to 66.5 cents
  • Mount Gibson Iron Limited (ASX: MGX) added 2.4% to 84.5 cents
  • Western Areas Ltd (ASX: WSA) closed up 2.2% to $3.76

These are five of the worst performing stocks today:

  • Magellan Financial Group Ltd (ASX: MFG) dropped 6.6% to $12.12
  • Buru Energy Limited (ASX: BRU) fell 6.3% to $1.195
  • Bradken Limited (ASX: BKN) slipped 4.4% to $4.59
  • Veda Group Ltd (ASX: VED) lost4.3% to $2.22
  • Carsales.com Limited (ASX: CRZ) closed down 4.1% at $10.45

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 writer/analyst Mike King owns shares in Beadell Resources and Carsales.com. You can follow Mike on Twitter @TMFKinga

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.