Top 10 at 10: These stocks are dodging the fallen today

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

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 stock has commenced trading.

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

Phylogica (ASX: PYC) is up 20 per cent after announcing pre-clinical results.

But while 253 stocks have gained, nearly 900 have declined as the Small Ords has fallen nearly 3 per cent in 10 minutes.

One was Centaurus Metals (ASX: CTM) which announced it had entered into a business swap agreement with Vale which will leave them $3.5 million out of pocket over the next 2.5 years.