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 started trading.

The Aussie bourse has opened lower on the first day of trading for 2023. The benchmark S&P/ASX 200 is down 0.40% 10.15am.

Experts believe economic data and how companies plan to adapt to a potential recession will have an impact on markets this year along with what will happen as China moves away from its covid-19 zero policy.

 

WINNERS

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

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Farm Pride Foods Ltd (ASX:FRM) is among the winners today. FRM announced on December 29 a proposed $5.27 million capital raise. The company today put out an announcement clarifying the capital raise.

 

LOSERS

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

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Invictus Energy (ASX:IVZ) is among the biggest losers today after announcing at it was concluding operations on Mukuyu-1 well that is being drilled in its 80% owned SG 4571 licence in Zimbabwe’s Cabora Bassa Basin due to broken equipment.