Stockhead’s Top 10 at 10, published at ~10.40am 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 made market-moving announcements (click headings to sort).

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Strategic Energy Resources (ASX:SER) raised $2m via placement to explore the Achilles 1 polymetallic prospect in the South Cobar Basin.

The placement, done at a small 8,.3% discount to the last traded price, is cornerstoned by Datt Capital and Lowell Resources Fund (ASX:LRT).

RareX (ASX:REE) have entered the niobium space, buying a large, early stage project in WA’s East Yilgarn region.

Kalgoorlie Gold Mining (ASX:KAL) has pulled up thick, shallow gold in a first pass aircore drilling program at Wessex, near Hawthorn Resources’ (ASX:HAW) Anglo Saxon open pit mine.

Highlights include 28m at 1.27 g/t gold from 36m.

Strickland Metals (ASX:STK) is also enjoying gold’s glow today after drilling results – including a highlight 17m @ 10.6g/t Au from 144.7m – at the Palomino prospect “exceeded expectations”.

Amongst the big stocks $19bn-capped accounting company Xero (ASX:XRO) was the standout after releasing a strong set of results for FY24.

 

LOSERS

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

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