After a solid start to the day, in early afternoon trade the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) has faded and is flat at 5,982 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 Broo Ltd (ASX: BEE) share price is up a massive 34% to 39.5 cents after the beer company announced a major binding agreement with Beijing Jihua Information Consultant Ltd to exclusively market and distribute its premium lager beer products in China for a period of seven years. Management estimates the deal to be worth upwards of $120 million.
The Downer EDI Limited (ASX: DOW) share price has climbed 4.5% to $7.04 after the services company upgraded its full-year guidance. According to management, Downer expects to deliver a net profit after tax of $195 million, compared to previous guidance of $190 million. Spotless Group Holdings Ltd (ASX: SPO) is expected to contribute $85 million of this net profit after tax.
The RCG Corporation Ltd (ASX: RCG) share price has jumped 9.5% to 86.5 cents after the footwear retailer advised that interests associated with Brett Blundy have acquired 64 million ordinary shares in RCG. The shares were acquired for 95 cents apiece, a significant premium over the last close price.
The Worleyparsons Limited (ASX: WOR) share price is up 3.5% to $15.41 after it emerged that Dar Al-Handasah Consultants Shair and Partners Holdings has increased its holding in the company. The group has been buying shares on and off market in recent weeks, increasing its stake in the company to 19.9%.
