In late morning trade, the S&P/ASX 200 Index (ASX: XJO) is fighting hard to finish the week on a positive note. At the time of writing, the benchmark index is up almost 0.1% to 7,516.5 points.
Four ASX shares that are climbing more than most today are listed below. Here's why they are racing higher:
AnteoTech Ltd (ASX: ADO)
The AnteoTech share price has jumped 14.5% to 21.2 cents. This morning the surface chemistry company announced a distribution agreement with UC Biosciences to dispense its EuGeni products in the Philippines. This includes a reader platform and COVID-19 antigen Rapid Diagnostic Test. The initial term will be three years, which is renewable year-on-year after the initial period has elapsed.
BetMakers Technology Group Ltd (ASX: BET)
The BetMakers share price has stormed 9% higher to $1.14. Investors have been buying the betting technology company's shares after it revealed that fixed odds wagering on horse races through a fixed odds wagering system is now legal in the state of New Jersey. This is a big positive for the company as it has already secured an exclusive 10-year agreement to deliver and manage fixed odds thoroughbred horse racing into the state.
News Corporation (ASX: NWS)
The News Corp share price is up 5% to $34.26. This follows the release of its full year results for FY 2021. According to the release, the media giant reported a 4% increase in revenue to US$9.4 billion and a net profit of US$389 million. The latter compares to a US$1.6 billion net loss in the prior corresponding period.
Vulcan Energy Resources Ltd (ASX: VUL)
The Vulcan share price has continued its positive run and is up a further 11% to $12.79. Investors have been buying this lithium developer's shares this week following the release of a couple of very positive announcements. One was a partnership with Renault and the other was that its Zero Carbon Lithium Project will produce negative carbon emissions.
