MENU

Best and worst stocks on the ASX today

The S&P/ASX 200 Index (Index: ^AXJO) (ASX: XJO) has finished the day down 0.89%. Having briefly popped higher in early morning trade, the market continued its sell-off into the afternoon. The fall marks the first session in eight that the ASX has ended lower.

Today’s local market action follows a mixed session on Wall Street overnight where US stocks hovered between positive and negative territory throughout the day before ending higher. At the close, the Dow Jones was up 0.53%, while the S&P 500 had gained 0.32%.

Gold stocks took a hammering today. All sectors finished in the red with consumer staples falling the most with a decline of 1.5%.

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

  • Goodman Fielder Ltd (ASX: GFF) added 5.5% to 67 cents
  • Ardent Leisure Group (ASX: AAD) rose 1.9% to $2.63
  • Sky Network Television Ltd (ASX: SKT) climbed 1.7% to $6.14
  • Telecom Corp of New Zealand (Australia) (ASX: TEL) added 1.6% to $2.50
  • FlexiGroup Limited (ASX: FXL) gained 1.6% to $3.80

These stocks were the losers on the day:

  • Mount Gibson Iron Limited (ASX: MGX) dropped 6.9% to 74 cents
  • Resolute Mining Limited (ASX: RSG) lost 6.9% to 61 cents
  • Senex Energy Ltd (ASX: SXY) fell 6.7% to 69.5 cents
  • Karoon Gas Australia Limited (ASX: KAR) slipped 5.6% to $2.54
  • BC Iron Limited (ASX: BCI) declined 5.5% to $4.27

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 Ltd.

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.