Why Origin, Pro Medicus, Temple & Webster, and Westpac shares are storming higher

These shares are having a strong session on Thursday. But why?

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The S&P/ASX 200 Index (ASX: XJO) is having a strong session on Thursday. In afternoon trade, the benchmark index is up 0.55% to 8,877.6 points.

Four ASX shares rising more than most today are listed below. Here's why they are charging higher:

Origin Energy Ltd (ASX: ORG)

The Origin Energy share price is up 5% to $12.40. Investors have been buying the energy company's shares after responding positively to its full year results release. Origin posted an underlying profit of $1,490 million for FY 2025, which was up materially from $307 million a year earlier. This allowed the Origin board to declare a final dividend of 30 cents per share, which lifted its full year dividend to 60 cents per share, fully franked.

Pro Medicus Ltd (ASX: PME)

The Pro Medicus share price is up 6% to $314.92. The catalyst for this has been the release of the health imaging technology company's FY 2025 results. Pro Medicus posted a 31.9% increase in revenue to $213 million and a 39.2% lift in net profit after tax to $115.2 million. Pro Medicus' CEO, Dr Sam Hupert, spoke positively about its outlook. He said: "The majority of the contracts that we signed were in the second half of the year and will come on stream this coming year and beyond, so there is a very sizeable revenue pathway in front of us."

Temple & Webster Group Ltd (ASX: TPW)

The Temple & Webster share price is up 7% to $28.01. This has been driven by the release of the online furniture and homewares retailer's full year results. Temple & Webster reported a 20.7% increase in revenue to $600.7 million and a 43.2% jump in EBITDA to $18.8 million. Its free cash flow generation was even stronger, growing 89.9% to $37.9 million. The good news is that its revenue growth has strengthened further in FY 2026 and is up 28% between 1 July and 11 August.

Westpac Banking Corp (ASX: WBC)

The Westpac share price is up 6% to $35.99. Investors have been buying Westpac's shares following the release of its third quarter update. For the three months, Westpac posted a 14% increase in statutory net profit to $1.9 billion. Westpac's CEO, Anthony Miller, said: "This quarter we delivered a sound financial result, while executing on our strategy and priorities. We grew strongly in business and institutional banking, while focusing on returns in Consumer and improving customer experience."

Motley Fool contributor James Mickleboro has positions in Pro Medicus and Temple & Webster Group. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Temple & Webster Group. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has recommended Pro Medicus. The Motley Fool Australia has recommended Pro Medicus and Temple & Webster Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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