The S&P/ASX 200 Index (ASX: XJO) is on course to finish the week with a small decline. At the time of writing, the benchmark index is down slightly to 7,192.5 points.
Four ASX shares that are not letting that hold them back today are listed below. Here's why they are rising:
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Bell Financial Group Ltd (ASX: BFG)
The Bell Financial share price is up 4% to 93.5 cents. This follows news that AUSTRAC will not be taking any further regulatory action against the financial services company. This follows its consideration of the reports from an external auditor on the company's three operating subsidiaries.
Downer EDI Ltd (ASX: DOW)
The Downer share price is up 2.5% to $4.04. This morning, Downer announced that it achieved contractual close on the Queensland Train Manufacturing Program (QTMP), which is the largest investment in new rolling stock in Queensland history. The contract is expected to generate revenue of approximately $4.6 billion for Downer.
Imugene Limited (ASX: IMU)
The Imugene share price is up 8% to 9.6 cents. This follows the release of an update from the immuno-oncology company. According to the release, HER-Vaxx induced antibodies correlated with tumour reduction. Compared to chemotherapy alone, the vaccination resulted in a statistically significant overall survival benefit.
Vulcan Energy Resources Ltd (ASX: VUL)
The Vulcan share price is up 2.5% to $4.22. This morning, this lithium developer announced a leadership change. Its current CEO, Dr Francis Wedin, will step down and move to the role of Executive Chair. Dr Wedin will be replaced by Cris Moreno, who has been deputy CEO since 2022. Moreno has 20 years of global experience delivering major capital projects in the energy and chemicals sector.
