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.

 

WINNERS

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

Wordpress Table Plugin

Food & beverage company Retail Food Group (ASX:RFG) has today agreed to resolve the Federal Court proceeding commenced by the ACCC against it in December 2020.

The total amount that is to be paid to franchisees by RFG under the undertaking is $8,035,055. The total amount of franchisee debts to be waived under the undertaking is $1,819,763.

“RFG considered that the resolution of historical matters the subject of the ACCC’s proceeding on these terms will allow it — under the recently announced extended leadership of Peter George — to maintain its forward-looking focus,” it says.

“This includes the continued development, implementation and enhancement of commercial initiatives designed to improve its franchise system for the benefit of all stakeholders.”

RFG is the owner of brands like Gloria Jean’s, Donut King, Brumby’s Bakery, Michel’s Patisserie, Crust Gourmet Pizza, Pizza Capers, Cafe2U and The Coffee Guy.

 

LOSERS

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

Wordpress Table Plugin