Business
Why Harvey Norman, Northern Star, Stockland, & TechnologyOne shares are charging higher
In early afternoon trade the S&P/ASX 200 Index (ASX: XJO) is on course to end its winning run. At the time of writing, the benchmark index is down 0.2% to 6,668.5 points.
Four shares that are not letting that hold them back are listed below. Here’s why they are charging higher:
Harvey Norman Holdings Limited (ASX: HVN)
The Harvey Norman share price is up 6% to $4.85. This follows a positive reaction from brokers to the retailer’s trading update yesterday. One broker that liked what it saw was Credit Suisse. This morning it retained its outperform rating and $5.06 price target on the company’s shares.
Northern Star Resources Ltd (ASX: NST)
The Northern Star share price is up over 3% to $12.93. This appears to have been…
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