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Top 10 at 10: It’s a ‘good morning!’ for ASX tech stocks
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Stockhead’s Top 10 at 10, published at ~10.30am each trading day, highlights the best (and worst) performing ASX stocks 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 started trading.
WINNERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| RLG | Roolife Group Ltd | 0.01 | 25% | 937,505 | $5,724,465 |
| ROG | Red Sky Energy. | 0.005 | 25% | 315,093 | $21,208,909 |
| ASQ | Australian Silica | 0.062 | 24% | 2,084 | $14,083,019 |
| AXP | AXP Energy Ltd | 0.003 | 20% | 580,000 | $14,561,702 |
| MCT | Metalicity Limited | 0.003 | 20% | 1,000,000 | $8,761,348 |
| RR1 | Reach Resources Ltd | 0.006 | 20% | 300,000 | $11,887,753 |
| TNY | Tinybeans Group Ltd | 0.25 | 19% | 64,530 | $12,890,946 |
| AKO | Akora Resources | 0.165 | 18% | 284 | $10,106,629 |
| EPX | Ept Global Limited | 0.035 | 17% | 150,000 | $11,609,880 |
| ALM | Alma Metals Ltd | 0.014 | 17% | 217,000 | $10,968,009 |
Tiny ecommerce company RooLife (ASX:RLG) has secured stocking and distribution for Aussie brand, Remedy Drinks, into Alibaba’s 300 Freshippo supermarkets and stores in China.
While the initial orders received “are significant for a new channel”, they are not yet material to the annualised revenue of the company.
Of the larger stocks, Life360 (ASX:360) and Brainchip (ASX:BRN) each gained 11% in early trade.
Location sharing app 360 will be added to the S&P/ASX 200 Index on 20 March as part of a quarterly rebalance of the S&P/ASX Indices.
Ai stock BRN today got a bump after announcing the launch of the second generation of its Akida platform.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| CCE | Carnegie Cln Energy | 0.001 | -50% | 250,000 | $31,285,147 |
| SIH | Sihayo Gold Limited | 0.001 | -50% | 1,445,000 | $12,204,256 |
| RHY | Rhythm Biosciences | 0.61 | -36% | 376,877 | $208,480,885 |
| AQX | Alice Queen Ltd | 0.001 | -33% | 403,272 | $3,795,431 |
| LNU | Linius Tech Limited | 0.001 | -33% | 36,800 | $4,759,119 |
| RBR | RBR Group Ltd | 0.003 | -25% | 1,481,897 | $5,626,952 |
| ICG | Inca Minerals Ltd | 0.022 | -21% | 4,342,885 | $13,519,894 |
| MTH | Mithril Resources | 0.002 | -20% | 35,000 | $8,157,725 |
| RKN | Reckon Limited | 0.4 | -17% | 131,101 | $54,381,519 |
| DTR | Dateline Resources | 0.021 | -16% | 901,001 | $14,129,613 |
Cancer biotech Rhythm Biosciences Ltd (ASX:RHY) has decided to withdraw its current ColoSTAT application for an Australian Register of Therapeutic Goods (ARTG) listing.
This intended withdrawal does not impede the company’s proposed market entry activities into other CE Mark conforming territories and additional international markets, including the US, it says.
