10 at 10: These ASX stocks are starry-eyed 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 market-moving announcements (click headings to sort).
Today investors were in a risk-on mode. 795 stocks were up, 257 were down and 1058 were unchanged.
Financial software stock 9Spokes (ASX:9SP) unveiled a 5-year partnership with Visa. Visa will offer 9Spokes’ solution to Visa clients and their small business customers.
Biotech Immuron (ASX:IMC) rose as it announced its drug demonstrated neutralizing activity against SARS – the major culprit of COVID-19 deaths.
After a few month’s suspension, Graphex Mining (ASX:GPX) surged as it re-entered the bourse.
The company bit the dust on its Tanzanian graphite project and is now looking to get into gold through purchasing two projects in Mali. It will eventually be renamed Marvel Gold.
Speaking of stocks re-entering the exchange after suspension another was former Hardy Resources now known as Paterson Resources (ASX:PSL).
It has been suspended since September 2018 after ASX inquiries about a project acquisition.
Nova Eye Medical (ASX:EYE), once known as Ellex, fell as the return of capital (under its deal with Lumibird to buy its lasers & ultrasound business) took effect.