In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a decline amid weakness in the resources sector. At the time of writing, the benchmark index is down 0.4% to 6,601.9 points.
Four ASX shares that are not letting that hold them back are listed below. Here's why they are pushing higher:
Domino's Pizza Enterprises Ltd (ASX: DMP)
The Domino's share price is up 6% to $74.60. This may have been driven by a positive reaction from brokers and investors to the pizza chain operator's decision to add a service fee to its deliveries. This fee is expected to help offset cost inflation and support profit margins.
EML Payments Ltd (ASX: EML)
The EML share price is up 11% to $1.43. Investors have been buying this payments company's shares following a rebound in the tech sector and the release of a positive announcement. The latter reveals that EML has signed an agreement with Spain's national post office network, Correos. EML will support the issuing of a government contract known as the Bono Cultural Joven 2022 (Youth Cultural Bonus) tender.
Talga Group Ltd (ASX: TLG)
The Talga share price is up 3% to $1.13. This morning this graphite developer revealed that the first drilling of the 2km long Niska Link target has intersected wide and high grade graphite zones at its 100% owned Vittangi graphite project in northern Sweden.
Woolworths Group Ltd (ASX: WOW)
The Woolworths share price is up 3% to $36.96. This appears to have been driven by a broker note out of UBS this morning. According to the note, the broker has upgraded this retail giant's shares to a neutral rating from sell and increased their price target on them to $37.00. Food inflation and demand for private label goods are expected to benefit Woolworths' supermarkets.
