3 ASX 200 shares defying today's carnage to climb higher

Here's what's boosting these ASX 200 stocks upwards today.

| More on:

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Key points

  • The ASX 200 is in the red by 1.5% this afternoon
  • The fall comes after Wall Street suffered its worst day in two years
  • However, Goodman Group, Aristocrat Leisure, and Perseus Mining are defying the broader sell-off

The S&P/ASX 200 Index (ASX: XJO) is tumbling on Thursday after US shares suffered a sell-off overnight.

Today's dip has seemingly been born from concerns the United States could be heading for a recession after a disastrous Wednesday on Wall Street. Additionally, the Australian Bureau of Statistics today announced the nation's jobless rate dropped to 3.9% in April. A tightening labour market could herald further interest rate rises, putting more pressure on the ASX 200.

So, there's plenty that could be weighing on the ASX 200 today, and the index is sagging under the strain. Right now, it is recording a 1.5% slump – but not all ASX 200 shares are in the red.

Here's what's boosting these ASX 200 constituents higher today.

3 ASX 200 shares in the green on Thursday

Goodman Group (ASX: GMG)

The Goodman share price is defying the downturn on Thursday to trade 0.63% higher at $19.20.

Interestingly, there's been no news from the property group today. However, earlier this week it released a trading update for the quarter just been.

A strong period of demand has seen the company's like-for-like net property income increase by 3.7%. Additionally, it upped its guidance for financial year 2022.

It now expects to report earnings per share (EPS) growth of 23% and distribute 30 cents per share this financial year.

Aristocrat Leisure Limited (ASX: ALL)

The share price of under-the-radar ASX 200 giant Aristocrat Leisure is also in the green today. It's up 5.57% and trading at $33.36 following the release of the company's half-year earnings.

Its revenue lifted 23% on that of the prior corresponding period, reaching approximately $2.7 billion last half.

Its earnings before interest, tax, depreciation, and amortisation (EBITDA) also rose 30% to $970 million and its net profit surged nearly 41% to $580 million.

That led the gaming technology company to announce a 26 cent interim dividend – a 73% increase – and a $500 million on-market buyback.

Perseus Mining Limited (ASX: PRU)

Finally, the Perseus Mining share price is trading in the green on Thursday despite the ASX 200's woes. It is currently 1.15% higher at $1.76.

Like that of Goodman Group, the company's stock is gaining for no obvious reason.

Though, it did release good news about its planned acquisition of Orca Gold Inc earlier this week.

Orca shareholders voted in favour of the takeover on Monday (Canadian time) and Perseus Mining expected regulators to give it the final tick of approval on Wednesday.

Following the regulatory green light, the takeover was expected to be completed today. Though, that could occur overnight Aussie time.

Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Share Gainers

Man smiling on top of rocks with mountains in the background.
Share Gainers

Here are the top 10 ASX 200 shares today

Investors started the week on a strong footing today.

Read more »

Rising share price chart.
Share Gainers

Why DroneShield, Lynas, Novonix, and Orthocell shares are storming higher today

These shares are starting the week with a bang. Let's find out why.

Read more »

Happy young woman saving money in a piggy bank.
Share Gainers

3 ASX shares that would already have more than doubled your money in 2025

An investment in any of these ASX shares on 2 January would have more than doubled your money by now.

Read more »

Ten happy friends leaping in the air outdoors.
Share Gainers

Here are the top 10 ASX 200 shares today

It was a great end to the week's trading today...

Read more »

A man clenches his fists in excitement as gold coins fall from the sky.
Share Gainers

Why Liontown, Newmont, Paladin Energy, and ResMed shares are charging higher today

These shares are ending the week on a positive note.

Read more »

Man on computer looking at graphs
Share Gainers

Here are the top 10 ASX 200 shares today

Investors were back to the races this hump day...

Read more »

Rising share price chart.
Share Gainers

Why Orthocell, Paladin Energy, Telix, and Woodside shares are racing higher today

These shares are having a stronger day than most. But why?

Read more »

Man with rocket wings which have flames coming out of them.
Share Gainers

Why is this ASX 200 uranium stock rocketing 17% on Wednesday?

The ASX 200 uranium stock is racing higher today. But why?

Read more »