The S&P/ASX 200 Index (ASX: XJO) are on course to start the week with a small decline. In late trade, the benchmark index is down 0.1% to 7,142.5 points.
Four ASX shares that have not let that hold them back are listed below. Here's why they are pushing higher:
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Liontown Resources Ltd (ASX: LTR)
The Liontown share price is up 2.5% to $2.06. Investors have been buying this lithium share thanks to a rebound in the industry and the release of the company's ESG report. Management notes that its ESG report reinforces its "vision to be an ESG leader and a globally significant provider of battery minerals for the rapidly growing clean energy market."
Lovisa Holdings Ltd (ASX: LOV)
The Lovisa share price is up 2.5% to $24.43. This appears to have been driven by a broker note out of UBS. According to the note, the broker has upgraded the jewellery retailer's shares to a buy rating with an improved price target of $29.00. This follows the release of a stronger than expected trading update last week.
Myer Holdings Ltd (ASX: MYR)
The Myer share price is up 9% to 72.5 cents. This appears to have been driven by recent news that rival David Jones is a takeover target. Investors may believe that Myer's shares are trading at attractive multiples based on prices being touted for David Jones.
Whitehaven Coal Ltd (ASX: WHC)
The Whitehaven Coal share price is up 3% to $8.44. Investors have been buying Whitehaven Coal and other coal miners today. This follows a strong end to the week for the coal prices. According to CommSec, the coal Nymex share price rose 3.4% on Friday night. The Whitehaven Coal share price is now up over 200% since the start of 2022.
