The S&P/ASX 200 Index (ASX: XJO) is under pressure today and deep in the red. In afternoon trade, the benchmark index is down 0.7% to 8,894.7 points.
Four ASX shares that are not letting that hold them back are listed below. Here's why they are rising:
ARB Corporation Ltd (ASX: ARB)
The ARB share price is up 5% to $38.34. This morning, this 4×4 auto parts manufacturer released its full year results and reported a 5.8% increase in revenue to $739 million and a 5% decline in net profit to $97.5 million. This appears to have been better than some investors were fearing given the tough trading conditions it is facing. Looking ahead, management said: "The Company's outlook remains positive with ongoing healthy demand for ARB's products, new vehicle models released around the world and new products recently and soon to be released to market."
BHP Group Ltd (ASX: BHP)
The BHP share price is up 1.5% to $42.08. This follows the release of a solid full year result from the Big Australian this morning. BHP posted revenue of US$51.3 billion and underlying EBITDA of US$26 billion for the 12 months ended 30 June, which was in line with consensus estimates. One item that was ahead of expectations was its fully franked final dividend of 60 US cents per share, which lifted its total dividends to US$1.10 per share in FY 2025. The market was expecting dividends totalling US$1.01 per share for the year.
Dateline Resources Ltd (ASX: DTR)
The Dateline Resources share price is up 17% to 23.5 cents. This morning, this gold explorer revealed that it has identified six new high-priority breccia pipe targets at the 100%-owned Colosseum Gold–Rare Earth Element (REE) Project in California. It notes that these targets exhibit the same coincident geophysical anomalies, gravity (density) lows and resistivity lows, observed in the known gold-bearing breccia pipes at Colosseum. As a result, management believes they significantly expand the project's exploration potential and opportunity to grow its existing mineral resource estimate.
Seek Ltd (ASX: SEK)
The Seek share price is up 7% to $27.50. Investors have been buying this job listings company's shares following the release of its FY 2025 results. Seek posted a 1% increase in sales revenue to $1,097 million but a 13% decline in adjusted profit to $155 million. This reflects weaker market volumes and freemium impacts. However, it believes a big improvement is coming in FY 2026 and is guiding to an adjusted profit of approximately $190 million to $220 million.
