The S&P/ASX 200 Index (ASX: XJO) is starting the week deep in the red. In afternoon trade, the benchmark index is down 0.95% to 7,627 points.
Four ASX shares that are not letting that hold them back are listed below. Here's why they are rising:
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Atlantic Lithium Ltd (ASX: A11)
The Atlantic Lithium share price is up almost 3% to 38 cents. This follows the release of drilling results from the company's Ewoyaa Lithium Project in Ghana, West Africa. Multiple high-grade and broad extensional drill intersections were reported at the new Dog-Leg target, Okwesi, Anokyi and Ewoyaa-South 2 deposits outside of the current 35.3Mt Ewoyaa Mineral Resource Estimate.
Johns Lyng Group Ltd (ASX: JLG)
The Johns Lyng share price is up 3% to $6.98. This morning, the integrated building services company announced that it has entered into a partnership with Allstate to join its Emergency Response and Mitigation Panel. It is one of the largest insurance companies in the United States. The contract will give Johns Lyng USA access to a potential 16 million Allstate policy holders throughout the U.S. and covers the provision of emergency response makesafe and water mitigation.
Pro Medicus Limited (ASX: PME)
The Pro Medicus share price is up 4% to $109.31. This follows the announcement of a new product launch. The health imaging company has launched the groundbreaking Visage Ease VP for Apple (NASDAQ: AAPL) Vision Pro. It supports immersive, spatial experiences for diagnostic imaging and multimedia.
WiseTech Global Ltd (ASX: WTC)
The WiseTech share price is up 3% to $76.62. Investors have been buying the logistics software company's shares after it was the subject of a bullish broker note out of Morgan Stanley. The broker has retained its overweight rating and $85.00 price target on its shares ahead of its results release this month.
