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).

 

Oil and gas stocks dominated the list today.

Oilex (ASX:OEX) led the winners after announcing that GSPC has approved the sale of its 55 per cent participating interest in the Cambay PSC in India to Oilex for US$2.2 million.

Fremont Petroleum (ASX:FPL) appointed a new chairman in 25 year industry veteran Simon Johnson.

Recent high fliers Brookside (ASX:BRK) and Red Sky Energy (ASX:ROG) climbed again off the back of no news.

Allegra Orthopaedics (ASX:AMT), which makes spinal cages, was the greatest non-oil winner. Today it told shareholders it had completed a necessary pilot study successfully and now would move to a larger trial with the intention of eventually getting FDA approved.

 

After rising from under 2 cents to over 7 cents in a matter of weeks, Alaska focused oil play 88 Energy (ASX:88E) was sent crashing back to earth after an operational update that showed a number of setbacks.

Sacgasco (ASX:SGC) and Xstate (ASX:XST) also fell after operational updates.