Why Astral, Newmont, Ramelius, and Synlait shares are defying the market selloff and rising

Why Astral, Newmont, Ramelius, and Synlait shares are defying the market selloff and rising

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on track to record a disappointing decline. At the time of writing, the benchmark index is down 1.5% to 7,818 points. Four ASX shares that have not let that hold them back are listed below. Here's why they are rising: Astral Resources NL (ASX: AAR) The Astral Resources share price is up 6% to 17.5 cents. This follows the release of a mineral resource estimate update from the gold explorer. …