10 at 10: These ASX stocks are on the move this morning
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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:
Mineral exploration company Magmatic Resources (ASX: MAG) led the market early, after making an announcement on its Parkes Project joint venture project with Japan Oils and Gas Metals National Corporation. The two sides have agreed to discontinue the JV, with Magmatic to retain 100 per cent of the assets along with two associated licenses.
These stocks were lagging the pack at the opening bell: