Best performing stocks on the ASX in 2023 (Updated weekly)
We've collected the top performing stocks in Australia so that you don't need to.
Looking for the best performing stocks in Australia? We update this guide every Monday with the 10 top performing stocks on the Australian Securities Exchange (ASX) over the past week.
We also display updated performance data from the last 12 months and 5-year period.
How did we get this list?
We scan the performance data of all ASX-listed stocks to find the 10 best performing each week.
To exclude some of the more volatile penny stocks, only stocks with market capitalisations of more than $500 million are included.
Before you dive in, it's important to be aware that past performance is no guarantee of future success. A great performing stock might decline in the future. So you should always do your research and look at your own individual needs and investment strategy to decide what stock is right for you.
Best performing stocks on the ASX
Stock list last update Dec 4, 2023.
Iress Limited (IRE.AU)
Iress Limited engages in the designing and developing software and services for the financial services industry in Australia, New Zealand, Asia, the United Kingdom, Europe, South Africa, and North America. It offers client management, business automation, portfolio data, research, financial planning tools, scaled advice journeys, digital client solutions, data-driven compliance and analytics, and regulatory obligations management solutions; and market data, trading interfaces, order and execution management, smart order routing, FIX services, portfolio management, securities lending, analytical tools, algorithmic trading, market making, CFD clearing, post trade solutions, and trading and market data APIs.- Market cap: A$1.375 billion
- YTD performance: -24.71%
- 1-year performance: 60.8%
- 5-year performance: 60.8%
- Headquarters: Australia
Temple & Webster Group Ltd (TPW.AU)
Temple & Webster Group Ltd engages in the online retail of furniture, homewares, and home improvement products in Australia. The company operates the Temple & Webster online platform, which offers approximately 200,000 products.- Market cap: A$1.031 billion
- YTD performance: -27.86%
- 1-year performance: 150.93%
- 5-year performance: 774.2%
- P/E ratio: 122.87
- Headquarters: Australia
Contact Energy (CEN.AU)
Contact Energy Limited generates and sells electricity and natural gas in New Zealand. It operates through two segments, Wholesale and Retail.- Market cap: A$6.3 billion
- YTD performance: -15.36%
- 1-year performance: 6.6%
- 5-year performance: 54.36%
- P/E ratio: 53.4
- Headquarters: Australia
Unibail Rodamco Westfield (URW.AU)
Unibail-Rodamco-Westfield is an owner, developer and operator of sustainable, high-quality real estate assets in the most dynamic cities in Europe and the United States. The Group operates 74 shopping centres in 12 countries, including 39 which carry the iconic Westfield brand.- Market cap: A$13.571 billion
- YTD performance: 1.77%
- 1-year performance: 48.72%
- 5-year performance: 110.13%
- P/E ratio: 3.4
- Headquarters: Australia
IMDEX (IMD.AU)
Imdex Limited, together with its subsidiaries, provides drilling optimization products and sensors for the minerals industry in the Asia-Pacific, Africa, Europe, and the Americas. The company sells and rents drilling optimization products, including drilling fluids, solids removal units, remote fluid management, rig alignment technologies, and directional drilling technologies; and rents rock knowledge sensors, which include down hole survey, core orientation, gamma logging, and structural orientation sensors.- Market cap: A$947.064 million
- YTD performance: 14.12%
- 1-year performance: 38.58%
- 5-year performance: 138.04%
- P/E ratio: 23.33
- Headquarters: Australia
Premier Investments (PMV.AU)
Premier Investments Limited operates various specialty retail fashion chains in Australia, New Zealand, Asia, and Europe. It operates through two segments, Retail and Investment.- Market cap: A$4.005 billion
- YTD performance: 9.81%
- 1-year performance: 32.82%
- 5-year performance: 200.7%
- P/E ratio: 14.74
- Headquarters: Australia
Reliance Worldwide Corporation Ltd (RWC.AU)
Reliance Worldwide Corporation Limited, together with its subsidiaries, engages in the design, manufacture, and supply of water flow, control, and monitoring products and solutions for plumbing and heating industries. It offers plumbing solutions comprising brass and plastic push-to-connect plumbing fittings, other fittings, pipes, valves, and integrated installation solutions; appliance installations solutions, such as fluid tech and appliance installation and repair services; and other products.- Market cap: A$3.129 billion
- YTD performance: -3.89%
- 1-year performance: 39.09%
- 5-year performance: 128.33%
- P/E ratio: 14.75
- Headquarters: Australia
Tuas (TUA.AU)
Tuas Limited owns and operates mobile network in Singapore. It also offers mobile telecommunications services, including data, voice, SMS, roaming, and other services.- Market cap: A$1.233 billion
- YTD performance: 263.02%
- 1-year performance: 123.63%
- 5-year performance: 457.9%
- Headquarters: Australia
Perenti Global Ltd (PRN.AU)
Perenti Limited operates as a mining services company worldwide. It operates through Contract Mining " Surface, Contract Mining " Underground, and Mining Services and idoba segments.- Market cap: A$1.076 billion
- YTD performance: -18.34%
- 1-year performance: 15.23%
- 5-year performance: 122.55%
- P/E ratio: 8.06
- Headquarters: Australia
Neuren Pharmaceuticals Ltd (NEU.AU)
Neuren Pharmaceuticals Limited, a biopharmaceutical company, develops drugs for the treatment of neurological disorders. Its lead product is trofinetide, which is in Phase III clinical trial for the treatment of Rett syndrome, as well as has completed Phase II clinical trial to treat Fragile X syndrome.- Market cap: A$2.076 billion
- YTD performance: 1130.36%
- 1-year performance: 131.82%
- 5-year performance: 1496.97%
- P/E ratio: 36.95
- Headquarters: Australia
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