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Top 10 highlights the best (and sometimes worst) performing ASX stocks in morning trade using live, fresh out of the deep-fryer 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 fallen in opening trade, down 0.43% and setting a new 100-day low. Overnight Wall Street had a significant sell-off with the Dow plummeting by 431 points, erasing its gains for 2023 as US 10-year bond yields continue to rise reaching 4.8%.
The Australian dollar has also tumbled more than 1%, briefly falling below US63 cents.
All sectors except utilities are in the red so far today.
WINNERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| IPH | IPH Limited | 7.35 | 2% | 37,535 | $1,730,557,452 |
| A4N | Alpha Hpa Ltd | 0.77 | 1% | 104,169 | $668,043,472 |
| SKC | Skycity Entertainment Group | 1.785 | 1% | 70,426 | $1,341,762,194 |
| NCM | Newcrest Mining | 23.96 | 1% | 208,062 | $21,202,210,656 |
| CMM | Capricorn Metals | 3.97 | 1% | 23,056 | $1,477,515,628 |
| NST | Northern Star | 10.14 | 1% | 200,790 | $11,526,050,309 |
| CPU | Computershare Ltd | 26.07 | 1% | 136,072 | $15,588,291,456 |
| HLS | Healius | 2.22 | 1% | 105,860 | $1,253,481,123 |
| SPK | Spark New Zealand | 4.44 | 1% | 132,806 | $8,109,286,266 |
| THL | Tourism Holdings | 3.41 | 1% | 29 | $732,948,265 |
Alpha HPA (ASX:A4N) is up this morning after providing a positive update on its high purity alumina HPA First Project in Gladstone, Queensland, which seeks to commercialise its proprietary aluminium purification and refining technology.
A4N has been progressing a project finance debt facility to be joint funded by Australian Government financing agencies the Northern Australia Infrastructure Facility (NAIF) and Export Finance Australia (EFA).
The company says it has advanced due diligence and negotiating funding terms with the lenders for stage 2 of the HPA First project with the NAI issuing strategic assessment phase (SAP) approval and the EFA issuing a conditional and non-biding letter of support.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| MAD | Mader Group Limited | 6.9 | -4% | 10,534 | $1,440,000,000 |
| CRN | Coronado Global Resources | 1.705 | -4% | 876,556 | $2,975,705,371 |
| ARU | Arafura Rare Earths | 0.245 | -4% | 674,398 | $538,907,996 |
| DYL | Deep Yellow Limited | 1.22 | -4% | 1,014,148 | $959,360,735 |
| URW | Unibail-Roda-Westfield | 3.72 | -3% | 1,758 | $585,549,503 |
| PPC | Peet Limited | 1.195 | -3% | 3 | $581,763,929 |
| GRR | Grange Resources | 0.46 | -3% | 60,324 | $549,735,882 |
| SLX | Silex Systems | 2.95 | -3% | 98,158 | $717,276,068 |
| CXL | Calix Limited | 2.68 | -3% | 16,113 | $500,541,056 |
| LFG | Liberty Fin Group | 3.75 | -3% | 429 | $1,172,682,950 |
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