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:

Code Name Price ($) % Chg Volume
CIO Connected IO Ltd 0.15 +50.00% 19.1M
ROG Red Sky Energy Ltd 0.0045 +50.00% 200.0k
DNA Donaco International Ltd 0.13 +36.84% 1.7M
DRE Dreadnought Resources Ltd 0.004 +33.33% 4.2M
NWE Norwest Energy NL 0.0025 +25.00% 1.7M
TSC Twenty Seven Co Ltd 0.0025 +25.00% 1.5M
EVE EVE Investments Ltd 0.005 +25.00% 1.1M
QFY Quantify Technology Holdings 0.01 +20.00% 7.8M
WCN White Cliff Minerals Ltd 0.01 +20.00% 168.5k
MRV Moreton Resources Ltd 0.01 +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:

Code Name Price ($) % Chg Volume
IAM Intiger Group Ltd 0.001 -50.00% 713.6k
GLV Global Vanadium Ltd 0.001 -33.33% 1.7M
XPE Xped Ltd 0.001 -33.33% 166.8k
MTB Mount Burgess Mining NL 0.003 -25.00% 2.4M
CAD Caeneus Minerals Ltd 0.0015 -25.00% 1.8M
ALT Analytica Ltd 0.004 -20.00% 100.0k
WRM White Rock Minerals Ltd 0.005 -16.67% 500.0k
MSR Manas Resources Ltd 0.0025 -16.67% 5.7M
E2E Eon NRG Ltd 0.005 -16.67% 1.6M
NCR NuCoal Resources Ltd 0.02 -14.81% 566.7k