Why Flight Centre, Qantas, ResApp, & Volpara are racing higher

In late morning trade the S&P/ASX 200 Index (ASX: XJO) has given back its early gains and is tumbling lower. At the time of writing, the benchmark index is down 0.2% to 6,699.7 points.

Four ASX shares that are not letting that hold them back are listed below. Here’s why they are racing higher:

Flight Centre Travel Group Ltd (ASX: FLT)

The Flight Centre share price has jumped 8% to $19.26. Investors have been buying Flight Centre and other travel shares after the Federal Government announced a major stimulus package to support the domestic tourism sector. The government is planning to introduce a $1.2 billion package that would see certain regional domestic airline tickets cut by 50%.

Qantas Airways Limited (ASX: QAN)

The Qantas…