The S&P/ASX 200 Index (ASX: XJO) is out of form on Tuesday. In afternoon trade, the benchmark index is down 0.5% to 7,043.1 points.
Four ASX shares that are not letting that hold them back are listed below. Here's why they are pushing higher:
Bannerman Energy Ltd (ASX: BMN)
The Bannerman Energy share price is up over 2% to $2.82. Investors have been buying Bannerman Energy's shares this week after uranium prices climbed to a decade-high. Bannerman's flagship asset is the advanced Etango Uranium Project located in the Erongo Region of Namibia.
Clover Corporation Ltd (ASX: CLV)
The Clover share price is up 1.5% to $1.10. This morning, this ingredients company released its FY 2023 results and reported a 13% increase in sales revenue to $79.9 million. Things weren't quite as positive for its profits, which fell 13% to $6.2 million. Nevertheless, the market appears more focused on its top-line growth.
Polynovo Ltd (ASX: PNV)
The Polynovo share price is up over 6% to $1.34. This medical device company's shares have been rising since the release of a trading update on Monday. Polynovo reported a 118.7% increase in total revenue to $7.7 million in August. This means revenue is now up 92.7% financial year to date to $14.9 million.
Pro Medicus Limited (ASX: PME)
The Pro Medicus share price is up over 10% to $78.74. This morning, this health imaging technology company announced a massive $140 million contract win. The 10-year contract is with Baylor Scott & White Health, which is the largest not-for-profit healthcare system in Texas and one of the largest in the United States.
