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).

 

Code Company Price % Volume
OEX Oilex Ltd 0.005 67 26317169
ANL Amani Gold Ltd 0.0015 50 561993
APG Austpac Resources NL 0.003 50 3000000
NPM Newpeak Metals 0.003 50 2763334
ROG Red Sky Energy. 0.018 29 210943195
BRK Brookside Energy Ltd 0.0365 26 93879019
FPL Fremont Petroleum 0.0075 25 122471061
BAS Bass Oil Ltd 0.005 25 55057063
VIC Victory Mines Ltd 0.0025 25 2933334
AMT Allegra Orthopaedics 0.41 21 55385

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.

 

Code Company Price % Volume
XST Xstate Resources 0.004 -67 62976827
88E 88 Energy Ltd 0.026 -64 520252920
SGC Sacgasco Ltd 0.029 -64 8599831
MLS Metals Australia 0.002 -20 870000
G88 Golden Mile Res Ltd 0.099 -14 1518015
RBR RBR Group Ltd 0.007 -13 1276818
HNR Hannans Ltd 0.008 -11 82000
KNM Kneomedia Limited 0.008 -11 300000
NCR Nucoal Resources Ltd 0.008 -11 20718
MA1 Monash Absolute 1.29 -10 41280

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.