Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, which is meant to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms that have made announcements.

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

Briefly, here’s what’s been happening already this morning: Wall Street retreated overnight, which cast a 0.2% pall over local markets when they opened this morning. However, the ASX bounced quickly about 30 minutes into the session, and things were tracking higher, which is nice.

Here’s which stocks are making waves, and why, this morning.

 

WINNERS

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

Wordpress Table Plugin

 

Ovanti (ASX:OVT) was climbing this morning after delivering an update on some allegedly embezzled funds, revealing that court action is looming to recover approximately $6.5 million that the company has identified as missing, with a further $15.9 million in transfers out of its Malaysian subsidiaries that are being investigated.

RocketDNA (ASX:RKT) was also up on news that it has signed a multi-year contract w ith Rustenberg Platinum Mines – a subsidiary of Anglo American – for its South African mining operations, which includes an extension of existing drone-based surveying services and the addition of new critical infrastructure security and monitoring.

 

LAGGARDS

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

Wordpress Table Plugin

 

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

Read MoreMarkets

Featured Companies

You might be interested in