In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record another decent gain. At the time of writing, the benchmark index is up 0.65% to 7,086.9 points.
Four ASX shares that are rising more than most today are listed below. Here's why they are climbing:
Boss Energy Ltd (ASX: BOE)
The Boss Energy share price is up 6% to $4.59. Investors have been buying this uranium developer's shares after it released an update on its Honeymoon Project in South Australia. That update reveals that mining activities have now commenced and the company is on course to start producing uranium in the coming months.
Domino's Pizza Enterprises Ltd (ASX: DMP)
The Domino's share price is up 2.5% to $52.76. This appears to have been driven by the release of a broker note out of Citi. Its analysts have upgraded the pizza chain operator's shares to a buy rating with a $58.60 price target. It feels that the company is now over the worst of its issues.
Lynas Rare Earths Ltd (ASX: LYC)
The Lynas share price is up 3% to $6.68. This also appears to have been driven by a broker note. According to a note out of Goldman Sachs, its analysts have upgraded the rare earths producer's shares to a buy rating with a $7.40 price target. Goldman made the move on valuation grounds after incorporating the company's US Heavy Rare Earth (HRE) refinery into its base case.
Qantas Airways Limited (ASX: QAN)
The Qantas share price is up 2.5% to $5.02. Investors have been buying this airline operator's shares after it announced that its under-fire chair, Richard Goyder, will be stepping down next year. In addition, fellow board members Jacqueline Hey and Maxine Brenner plan to exit when its half-year results are released in February.
