MENU

Best and worst stocks on the ASX today

The S&P/ASX 200 Index (Index: ^AXJO) (ASX: XJO) has closed almost flat. At the finish the index registered a small gain of 0.05%.

Today’s result followed a positive lead from Wall Street where US markets moved higher overnight. The Dow Jones was up 0.53%, while the S&P 500 rose 0.48% following investor enthusiasm for earnings results from a number of companies.

Locally, investors appeared indecisive as they reacted negatively to a recent broker downgrade to bank shares and a quarterly sales report from Woolworths Limited (ASX: WOW) which failed to meet expectations.

Sectors were mixed. Telecommunications and health care performed the best with gains of 1.2% and 1% respectively. Consumer discretionary, energy, materials, property and utilities also gained. Industrials and IT were flat, while financials and consumer staples dropped 0.25% and 1.1% respectively.

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

  • Horizon Oil Ltd (ASX: HZN) rallied 7% to 38 cents
  • Independence Group NL (ASX: IGO) jumped 4.6% to $4.33
  • PanAust Limited (ASX: PNA) climbed 4.2% to $1.60
  • Sirius Resources N.L. (ASX: SIR) added 3.9% to $2.69
  • Transfield Services Limited (ASX: TSE) gained 3.8% to 95.5 cents

These stocks were the losers on the day:

  • Acrux Limited (ASX: ACR) sunk 5.9% to $1.03
  • Senex Energy Ltd (ASX: SXY) fell 4.3% to 66.5 cents
  • Medusa Mining Limited (ASX: MML) lost 4% to $1.80
  • Evolution FPO (ASX: EVN) dropped 3.9% to 85.5 cents
  • Skilled Group Ltd. (ASX: SKE) slipped 3.5% to $2.74

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 does not own shares in any of the companies mentioned in this article.

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.