10 at 10: These ASX stocks are jumping ahead this morning
Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade.
It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms.
The market opens at 10am (eastern time) and the data is taken at 10:15am, once every stock has commenced trading.
Stocks highlighted in yellow have made potentially market-moving announcements:
Junior oil & gas explorer Red Sky Energy (ROG: ASX) jumped early, ticking higher by more than 100 per cent after announcing a farm-out agreement with energy major Santos (ASX: STO) for licences that it holds in the Cooper Basin.
On the flip side, Big Star Energy (ASX: BNL) fell back sharply from recent highs, dropping more than 50 per cent after confusion in the market regarding its helium strategy and recent results.
Here are the 10 laggards in morning trade: