Best and worst stocks on the ASX today

ASX adds 0.4% as more positive Chinese economic data came out

Mike King

Mike King is a Fool.com.au Investment Analyst and Writer. He caught the investing bug more than a decade ago, at a time when the U.S. had invaded Iraq and fear reigned in the markets. His initial success as the markets took off encouraged his passion and thirst for knowledge. With 13 years behind him at one of Australia's largest domestic banks, Mike's passion for stocks led him to join a boutique funds management firm, where he stayed for four years. A seven-year stint in equity research at one of the largest investment banks in the world followed that, giving Mike a thirst to pursue his passion further. Mike holds a Diploma in Applied Finance and Investment and a Graduate Certificate in Financial Planning. His passion is to help retail investors invest better, and that passion was one of his primary reasons for joining The Motley Fool Australia in late 2011. Mike has written thousands of articles since joining, including for Fairfax Media, Yahoo!7, Ninemsn and has also appeared on ABC's The Business. You can see all of Mikes' holdings here

Published September 10, 2013 4:42 pm AEST

The S&P / ASX 200 Index (Index: ^AXJO) (ASX: XJO) gained 0.4% to 5,201.1, with information technology the leading sector adding 1.3%, while the gold sector dropped 2.2%. More Chinese economic data was released today, and industrial production, retail sales and fixed-asset investment all recorded double-digit rises from a year earlier.

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

Fleetwood Corporation (ASX:FWD) rocketed up 11.7% to $3.92
Billabong International (ASX:BBG) zoomed up 9.3% to 47 cents
Emeco Holdings (ASX:EHL) climbed 6% to 26.5 cents
Transfield Services (ASX:TSE) rose 5.7% to $1.29
FKP Property Group (ASX:FKP) added 5.3% to $1.40

These stocks were the losers on the day.

Automotive Holdings (ASX:AHE) dropped 7% to $3.72
Silver Lake Resources (ASX:SLR) plunged 6.8% to 82.5 cents
Perseus Mining (ASX:PRU) lost 5.7% to 66.5 cents
St Barbara (ASX:SBM) fell 5.6% to 67 cents
Resolute Mining (ASX:RSG) slipped 5.4% to 79.5 cents

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Motley Fool writer/analyst Mike King owns shares in Silver Lake Resources.

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