Best and worst stocks on the ASX today

RELATED QUOTES

SymbolPriceChange
CDU.AX1.875-0.0100
EVN.AX0.875+0.0500
IIN.AX7.24+0.040
NST.AX1.14+0.0450
PDN.AX0.4550.0000

The S&P / ASX 200 Index (^AXJO) (ASX:XJO) has close down slightly, dropping just 0.2% to end at 5,238.1, as investors await the outcome of the two-day US Federal Reserve meeting. Chairman Ben Bernanke is widely expected to announce a cut of around US$5-10 billion in quantitative easing, from its current level of US$85 billion per month.

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

  • TPG Telecom (TPM.AX) soared 5.9% to $4.48
  • Sirius Resources (SIR.AX) climbed 5.6% to $2.82
  • iiNet (IIN.AX) rose 5.6% to $6.27
  • Regis Resources (RRL.AX) added 4.6% to $3.87
  • Cudeco (CDU.AX) moved up 3.8% to $2.20

These stocks were the losers on the day.

  • Paladin Energy (PDN.AX) dropped 6.4% to 51 cents
  • Northern Star Resources (NST.AX) fell 5.4% to 79 cents
  • Decmil Group (DCG.AX) lost 5.3% to $2.48
  • Evolution Mining (EVN.AX) slipped 5.3% to 80 cents
  • Ten Network Holdings (TEN.AX) closed down 4.8% at 30 cents


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Motley Fool writer/analyst Mike King owns shares in TPG Telecom and Sirius Resources.

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    0.9287-0.0078-0.83%
    AUDUSD=X
    0.5535-0.0031-0.56%
    AUDGBP=X
    0.6716-0.0068-1.01%
    AUDEUR=X
  • Commodities
    Commodities
    NamePriceChange% Chg