Best and worst stocks on the ASX today

ASX adds 0.8% with green across the boards

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 November 5, 2013 3:21 pm AEDT

The S&P / ASX 200 Index (Index: ^AXJO) (ASX: XJO) has closed up 0.8% at 5,432, with most sectors showing positive gains. The two sectors in the red were Healthcare and Telecommunication services with falls of 0.1% and 0.3% respectively. On the currency front the Australian dollar took a tumble after the RBA board noted that it was still at uncomfortably high levels. The Aussie dollar was last buying 94.7 US cents.

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

Sundance Resources (ASX: SDL) soared 15% to 11.5 cents
Perseus Mining (ASX: PRU) climbed 6.5% to 41 cents
OceanaGold Corporation (ASX: OGC) gained 6.1% to $1.835
Transpacific Industries (ASX: TPI) added 5.9% to $1.16
Alumina (ASX: AWC) rose 5.5% to $1.065

These stocks were the losers on the day.

Mermaid Marine (ASX: MRM) dropped3.9% to $3.48
NRW Holdings (ASX: NWH) lost 3.3% to $1.31
STW Communications (ASX: SGN) fell 3.2% to $1.51
Adelaide Brighton (ASX: ABC) closed down 2.6% at $3.70
Mesoblast (ASX: MSB) slipped 2.6% to $6.31

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