Top 10 at 11: As global conflicts rage, an ASX defence data-security play rises

Good morning and welcome to Stockhead’s Top 10 at 11, a short, sharp update to help frame the trading day.

Pic via Getty Images

Good morning, and welcome to Stockhead’s Top 10 at somewhere near 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.

The ASX 200 tripped and fell right out of the gates this morning after Iran unleashed 200 missiles on Israel, with the latter vowing to retaliate. At the time of writing, the ASX 200 is attempting to dust itself off (-0.086%).

Crude prices subsequently spiked to their highest in more than a year, safe-haven gold jumped by a percentage point and otherwise an unease has settled over markets for the moment.

Meanwhile, US data shows a surprising rise in job openings to 8.04 million in August as we inch closer to the all-important US election with the biggest economy in the world in balance.

At the time of writing, too, the two US presidential VP candidates – Tim "Jazz Hands" Walz and JD "Cat Lady Baiter" Vance are about to square off in another big, televised, election debate.

For far-more nuanced details, have a read of Eddy’s Friday-morning Market Highlights.

Here’s what’s moving and shaking on the ASX at the time of writing…

WINNERS

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

Security	Description	Last	%	Volume	MktCap
DDT	DataDot Technology	0.004	33%	6,634,714	$3,632,858
MTL	Mantle Minerals Ltd	0.002	33%	702,351	$9,296,169
EWC	Energy World Corpor.	0.013	30%	1,063,122	$30,789,212
AVE	Avecho Biotech Ltd	0.0025	25%	2,674,099	$6,338,594
VFX	Visionflex Group Ltd	0.005	25%	357,500	$11,671,298
ADD	Adavale Resource Ltd	0.003	20%	766,666	$3,059,413
AR9	Archtis Limited	0.081	19%	1,716,389	$19,490,452
ROG	Red Sky Energy.	0.007	17%	1,168,002	$32,533,363
TFL	Tasfoods Ltd	0.014	17%	40,000	$5,245,146
PR1	Pureresourceslimited	0.11	16%	55,420	$4,171,729

In the news this morning we have archTIS (ASX:AR9), a global provider of data-centric security solutions for the secure collaboration of sensitive information.

Somewhat topical, as its share price move is based on a military/defence angle, with the company announcing the signing of a $2.3 million contract to expand NC Protect licenses with the Australian Department of Defence.

This follows on from the $700K services contract awarded in June 2024 and, says the company, establishes its NC Protect product as the data-centric security option of choice for Defence SharePoint on-premises deployments.

LAGGARDS

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

Code	Company	Price	%	Volume	Market Cap
PAB	Patrys Limited	0.003	-50%	14,216,462	$12,344,684
ATH	Alterity Therap Ltd	0.003	-25%	2,541,410	$21,281,344
BUR	Burleyminerals	0.055	-20%	2,837,956	$10,375,595
OVT	Ovanti Limited	0.004	-20%	2,632,851	$7,781,742
RMXDD	Red Mount Min Ltd	0.008	-20%	17,799	$3,873,577
AWJ	Auric Mining	0.29	-18%	1,206,302	$52,736,447
KFM	Kingfisher Mining	0.079	-17%	240,811	$5,102,925
DOU	Douugh Limited	0.005	-17%	105,000	$6,492,414
LML	Lincoln Minerals	0.005	-17%	378,626	$12,337,557
AVM	Advance Metals Ltd	0.021	-16%	10,000	$4,212,479

Also in the news, albeit amid a daily share-price dip:

Auric Mining (ASX:AWJ) – has announced the completion of the second gold milling campaign for 2024 from the Jeffreys Find Gold Mine, near Norseman, WA. Highlights: 6,295 ounces of gold produced from 128,000 tonnes milled; highest sale price at AUD$3,859 per ounce, and an average sale price at AUD$3,731 per ounce.

Originally published as Top 10 at 11: As global conflicts rage, an ASX defence data-security play rises