In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to end the week with a small decline. At the time of writing, the benchmark index is down a fraction to 6,841.8 points.
Four ASX shares that have not let that hold them back are listed below. Here's why they are pushing higher:
DEXUS Property Group (ASX: DXS)
The Dexus share price is up 1% to $8.55. This afternoon the company confirmed that despite some management changes at AMP Limited (ASX: AMP), the purchase of its real estate and domestic infrastructure equity business will go ahead. It is now expected to complete by November for $20 million less than previously advised.
Dusk Group Ltd (ASX: DSK)
The Dusk share price is up almost 7% to $2.36. This follows the release of the specialty retailer's full year results for FY 2022. Dusk reported a 6.9% decline in revenue to $138.4 million and a 31.3% drop in net profit after tax to $18.4 million. This was seen as a decent outcome considering the company lost 24% of its store trading days due to COVID-19 impacts.
Macquarie Group Ltd (ASX: MQG)
The Macquarie share price is up 2% to $177.98. This appears to have been driven by a broker note out of Morgan Stanley this morning. According to the note, the broker has retained its overweight rating and lifted its price target to $231.00. It has upgraded its earnings estimates for FY 2023 to reflect favourable trading conditions.
Qantas Airways Limited (ASX: QAN)
The Qantas share price is up 1.5% to $5.28. This is despite there being no news out of the airline operator today. However, its shares have been on a roll recently following a positive update out of a travel booking company. In addition, oil prices have pulled back materially this week, which could help ease Qantas' fuel costs.
