Best and worst stocks on the ASX today

ASX hits highest levels since June 2008, adding 0.6 %

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 October 21, 2013 3:28 pm AEDT

The S&P / ASX 200 Index (Index: ^AXJO) (ASX: XJO) has continued on its merry way, hitting its highest level since June 2008. The index rose 0.6% to 5,351.8, while on a sector basis, Metals & Mining, Materials and Consumer Staples all posted 1% plus gains.

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

Sundance Resources (ASX: SDL) soared 31.3% to 13 cents
Linc Energy (ASX: LNC) climbed 12.3% to $1.74
Cudeco (ASX: CDU) rose 8.3% to $2.34
Arrium (ASX: ARI) ex-OneSteel added 6.6% to $1.455
Aquila Resources (ASX: AQA) gained 4.4% to $2.35

These stocks were the losers on the day.

Qantas Airways (ASX: QAN) fell 5.6% to $1.35
Energy World Corporation (ASX: EWC) dropped 4.2% to 45.5 cents
Ten Network Holdings (ASX: TEN) slipped 3.6% to 27 cents
Silver Lake Resources (ASX: SLR) lost 2.9% to 68 cents
PanAust (ASX :PNA) closed down 2.7% at $1.975

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

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