Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data.

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 ASX stock has commenced trading.

Stocks highlighted in yellow have made market-moving announcements (click headings to sort).

WINNERS

Amid a selloff on the broader market, electrical services firm Locality Planning Energy (ASX:LPE) led the pack after a trading update for FY21.

The company said it booked a 27% increase in revenues to $55.5m, which flowed through to net profits of around $900,000 — a turnaround from FY20’s $7.2m loss.

Also on the winner’s list was West Wits Mining (ASX:WWI), which announced it has received approval from South Africa’s Department of Mineral Resources and Energy with respect to a mining application for its Witwatersrand Basin gold project.

LOSERS