The S&P/ASX 200 Index (ASX: XJO) has followed Wall Street's lead and dropped into the red. At the time of writing, the benchmark index is down 0.85% to 7,151.5.
Four ASX shares that are not letting that stop them from rising today are listed below. Here's why they are pushing higher:
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Adbri Ltd (ASX: ABC)
The Adbri share price is up 12% to $1.80. This follows the release of a trading update at the building materials company's annual general meeting. Management advised that "underlying Net Profit After Tax for the period ending April 2023 is significantly above January to April 2022."
Costa Group Holdings Ltd (ASX: CGC)
The Costa share price is up 5% to $2.50. This also follows the release of a trading update at the horticulture company's annual general meeting. Management advised that "the 2023 International segment harvest is shaping up to be an exceptional year with very strong profit results emerging from both our China and Morocco operations."
Delta Lithium Ltd (ASX: DLI)
The Delta Lithium share price is up 2.5% to 67 cents. As mentioned here earlier this week, this lithium developer is rumoured to be a potential takeover target. In addition, despite rising strongly recently, Bell Potter still sees plenty of upside in its shares. It currently has a speculative buy rating and $1.05 price target on the ASX lithium share.
Immutep Ltd (ASX: IMM)
The Immutep share price is up 5.5% to 38 cents. This morning, this clinical-stage biotechnology company announced that the first patient has been enrolled and safely dosed at a European clinical site for its integrated Phase II/III AIPAC-003 trial in metastatic breast cancer.
