It has been a soft start to the week for the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO). In afternoon trade the benchmark index is down 0.2% to 5,945 points.
Four shares which haven't let that hold them back are listed below. Here's why they have started the week with strong gains:
The AuMake International Limited (ASX: AU8) share price is up 6% to 35 cents. This morning the daigou company announced a strategic alliance with Australian Made Campaign Limited. The strategic alliance will see the two parties proactively promote the benefits of each organisation to their respective client bases.
The Creso Pharma Ltd (ASX: CPH) share price has stormed 19% higher to 98 cents after the pot stock announced plans to expand into the China market. According to the release, Creso has signed a strategic partnership and commercial distribution agreement with Zhejiang Kingdom Creative. The latter will work with Creso to expand its product offering into the Chinese healthcare sector.
The Seven Group Holdings Ltd (ASX: SVW) share price is up 7% to $14.20 despite there being no news out of the company. Investors appear to have been pleased with what they were told at last week's annual general meeting. At one stage today the conglomerate's shares hit an all-time high of $14.34.
The Virgin Australia Holdings Ltd (ASX: VAH) share price has taken off again and is almost 6% higher at 28 cents. The airline's shares were given a lift today after it emerged that Wilson Asset Management chairman Geoff Wilson had endorsed the company at an investment conference.
