The S&P/ASX 200 Index (ASX: XJO) is having a solid session on Friday. In afternoon trade, the benchmark index is up 0.45% to 6,843.6 points.
Four ASX shares that are rising more than most today are listed below. Here's why they are pushing higher:
Core Lithium Ltd (ASX: CXO)
The Core Lithium share price is up 4% to 36.5 cents. This follows the release of the lithium miner's quarterly update this morning. For the three months ended 30 September, Core Lithium reported a 41% quarter on quarter increase in spodumene concentrate production to 20,692 tonnes. This was underpinned by an improved performance from the Grants mine, which was driven by a series of performance improvement initiatives that were adopted by the mining team.
Harvey Norman Holdings Limited (ASX: HVN)
The Harvey Norman share price is up 3.5% to $3.68. This retail giant's shares rebounded strongly from a tough start to the day. Investors initially sold off the company's shares after it reported a sharp decline in profits during the first half. This news has been offset by the announcement of a major share buyback.
Silver Lake Resources Ltd (ASX: SLR)
The Silver Lake share price is up 6% to $1.03. This may have been driven by a bullish broker note out of Macquarie this morning. According to the note, the broker has retained its outperform rating and $1.50 price target on its shares. This follows the release of a stronger-than-expected quarterly update which beat on both production and costs.
Syrah Resources Ltd (ASX: SYR)
The Syrah Resources share price is up 10% to 73 cents. This graphite producer has been flying this week amid news that China is planning to curb exports of the battery-making ingredient. The company commented: "Near-term China supply uncertainties benefit Syrah's development and commercial position."
