a day ago
Top 10 at 11: Info tech leads ASX higher on broad strength
Morning, and welcome to Stockhead's Top 10 (at 11… ish), highlighting the movers and shakers on the ASX in early-doors trading.
With the market opening at 10am sharp eastern time, the data is taken at 10.15am, once trading kicks off in earnest.
In brief, this is what the market has been up to this morning.
ASX sectors in the green
The ASX 200 has climbed 0.19% in the first half hour of trade, with 10 of 11 sectors making gains this morning.
The script has flipped from yesterday; big gains in materials on Thursday have turned to profit taking today, driving the sector down more than 1%.
That's being handily outweighed by gains in every other sector. Info tech has taken a place at the front of the pack, adding 1.11%.
It comes as no surprise, then, that it's software companies headlining our small cap winners this morning.
WINNERS
Code Name Last % Change Volume Market Cap
GMN Gold Mountain Ltd 0.002 100% 1.05E+08 $5,619,759
CAV Carnavale Resources 0.004 33% 125000 $12,270,655
SFG Seafarms Group Ltd 0.002 33% 454509 $7,254,899
MSG Mcs Services Limited 0.005 25% 250001 $792,399
ENL Enlitic Inc. 0.036 20% 277327 $24,768,486
1AD Adalta Limited 0.003 20% 167833 $2,678,291
GLL Galilee Energy Ltd 0.006 20% 3286 $3,535,964
MKL Mighty Kingdom Ltd 0.024 20% 2490974 $14,668,746
SIS Simble Solutions 0.006 20% 1502631 $5,411,652
MGU Magnum Mining & Exp 0.007 17% 1000000 $13,908,223
In the news...
AI-enabled healthcare software provider Enlitic (ASX:ENL) is eyeing up to A$46m in potential payments after meeting MoU requirements for a cloud product rollout agreement with GE HealthCare.
The two companies are collaborating on the Gensis cloud product suite, with ENL subsidiary Laitek to deliver migration services to the tune of US$3-6 million per year for the next five years.
Following on from a $500k placement, Simble Solutions (ASX:SIS) has purchased 383.95 Bittensor tokens or TAO at an average price of $520.89 each for a total holding of about $200,000.
Simble selected TAO due to its 'decentralised AI focus' and management's confidence in the utility of the TAO blockchain, which SIS intends to incorporate into its existing products. SIS is also staking its TAO holding through BitGo, anticipating yields of between 8% and 12% per year.
LAGGARDS
Code Name Last % Change Volume Market Cap
EEL Enrg Elements Ltd 0.001 -50% 216955 $6,507,557
AXP AXP Energy Ltd 0.001 -33% 109654 $10,027,021
PRX Prodigy Gold NL 0.002 -33% 740000 $9,525,167
NHE Nobleheliumlimited 0.028 -20% 601271 $20,983,375
LKO Lakes Blue Energy 0.8 -20% 34865 $58,770,705
DDT DataDot Technology 0.004 -20% 350000 $6,054,764
AUZ Australian Mines Ltd 0.009 -18% 1443200 $15,383,633
AKN Auking Mining Ltd 0.006 -14% 111904 $4,023,451
EMT Emetals Limited 0.003 -14% 213214 $2,975,000
AR9 Archtis Limited 0.23 -13% 755781 $76,653,102
