Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade.

The market opens at 10am (eastern time) and the data is taken as at 10:15am, once every stock has commenced trading.

Stocks highlighted in yellow have made potentially market-moving announcements.

Following a strong lead from global markets, the ASX Small Ords climbed by 31.9 points — a gain of 1.14 per cent.

Here are the 10 leaders to start the day:

CodeNamePrice ($)% ChgVolume
CIOConnected IO Ltd0.15+50.00%19.1M
ROGRed Sky Energy Ltd0.0045+50.00%200.0k
DNADonaco International Ltd0.13+36.84%1.7M
DREDreadnought Resources Ltd0.004+33.33%4.2M
NWENorwest Energy NL0.0025+25.00%1.7M
TSCTwenty Seven Co Ltd0.0025+25.00%1.5M
EVEEVE Investments Ltd0.005+25.00%1.1M
QFYQuantify Technology Holdings0.01+20.00%7.8M
WCNWhite Cliff Minerals Ltd0.01+20.00%168.5k
MRVMoreton Resources Ltd0.01+20.00%100.0k

Internet of Things (IoT) company Connected IO (ASX: CIO) was one of the big early movers, after flagging further growth in the US market.

The company said it had generated revenues of $794k this year, servicing the US automotive IoT sector with products including in-vehicle cameras and battery management devices.

These 10 companies are lagging behind the pack in early trade:

CodeNamePrice ($)% ChgVolume
IAMIntiger Group Ltd0.001-50.00%713.6k
GLVGlobal Vanadium Ltd0.001-33.33%1.7M
XPEXped Ltd0.001-33.33%166.8k
MTBMount Burgess Mining NL0.003-25.00%2.4M
CADCaeneus Minerals Ltd0.0015-25.00%1.8M
ALTAnalytica Ltd0.004-20.00%100.0k
WRMWhite Rock Minerals Ltd0.005-16.67%500.0k
MSRManas Resources Ltd0.0025-16.67%5.7M
E2EEon NRG Ltd0.005-16.67%1.6M
NCRNuCoal Resources Ltd0.02-14.81%566.7k