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 commenced trading.

 

WINNERS

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

Accounting software company Reckon (ASX:RKN) will sell its sell its Accountants Practice Management Group for $100 million in an all cash deal.

Most of the proceeds are proposed to be returned to shareholders via a partially franked special dividend.

Following the transaction, $100m market cap Reckon “would be a focused, cloud-based business with exposure to high growth markets in Australia and the United States that delivered ~$50 million in revenue and EBITDA of $17 million in FY2021,” the company says.

 

LOSERS

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