The S&P/ASX 200 Index (ASX: XJO) is out of form on Thursday. In early afternoon trade, the benchmark index is down 0.2% to 7,235 points.
Four ASX shares that aren't letting that hold them back today are listed below. Here's why they are charging higher:
Cettire Ltd (ASX: CTT)
The Cettire share price is up 2.5% to $1.47. This morning, this online fashion retailer announced an agreement with fashion house, Zegna. This deal will see Cettire directly integrate the products from the Zegna brand into its platform. Cettire customers will have access to Zegna-branded products in all of Cettire's markets, while benefiting from the company's fulfilment capability, payment options, and post-sales support.
Endeavour Group Ltd (ASX: EDV)
The Endeavour share price is up 3% to $6.60. This appears to have been driven by a broker note out of Ord Minnett this morning. Its analysts believe the drinks company's shares are good value and have retained their buy rating with an $8.00 price target.
Global Lithium Resources Ltd (ASX: GL1)
The Global Lithium share price is up 2% to $2.06. Investors have been buying this lithium developer's shares after it announced a "game-changing" mineral resource estimate upgrade for its two 100%-owned hard rock lithium projects in Western Australia. The highlight was arguably a 230% increase in the Manna Lithium Project's mineral resource to 32.7Mt. Combined, this has lifted its mineral resource from 20.4Mt to 50.7Mt across its projects.
Whitehaven Coal Ltd (ASX: WHC)
The Whitehaven Coal share price is up 3.5% to $10.16. This coal miner's shares are lifting on Thursday after it was the subject of a bullish broker note out of Citi. According to the note, the broker has upgraded the company's shares to a buy rating with an $11.10 price target. Strong coal prices drove the upgrade.
