The S&P/ASX 200 Index (ASX: XJO) is having a poor start to the week. In afternoon trade, the benchmark index is down 0.3% to 8,586.4 points.
Four ASX shares that are not letting that hold them back are listed below. Here's why they are climbing:
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Domino's Pizza Enterprises Ltd (ASX: DMP)
The Domino's share price is up over 2.5% to $21.93. This is despite there being no news out of the pizza chain operator on Monday. However, with its performance improving and speculation of a takeover by private equity, its shares have been pushing higher in recent weeks. The team at Morgans would be supportive of this buying. The broker recently put a buy rating and $25.00 price target on Domino's shares.
Greatland Resources Ltd (ASX: GGP)
The Greatland Resources share price is up 11% to $8.41. This has been driven by the release of the gold miner's feasibility study for its Havieron project. The release notes that its study confirms a pathway to a world-class, long-life, lowest quartile cost Australian gold-copper mine, leveraging existing infrastructure. Greatland's managing director, Shaun Day, commented: "Today, we are delighted to deliver our Feasibility Study which confirms Havieron's world-class quality and sets the pathway for its development into a long-life, low cost, leading Australian gold-copper mine that will integrate efficiently with the existing infrastructure at Telfer."
Nextdc Ltd (ASX: NXT)
The Nextdc share price is up 1.5% to $13.80. Investors have been buying this data centre operator's shares following the release of a trading update. Following recent customer contract wins, NextDC's pro forma contracted utilisation has increased by 71MW or 29% since 30 June to 316MW. This means that NextDC's pro-forma forward order book has increased by 53% to 205MW since 30 June. The company's forward order book is expected to progressively convert to billings and revenue between now and FY 2029.
Unico Silver Ltd (ASX: USL)
The Unico Silver share price is up 17% to 69 cents. This appears to have been driven by news that the silver price has reached a record high. This bodes well for Unico Silver's 100%-owned Joaquin Project in Santa Cruz, Argentina. The company recently released drilling results which revealed exceptional high-grade silver gold intercepts at three prospects. This latest gain by the devil's metal means that it has now risen over 70% since the start of the year.
