3 ASX 200 shares defying today’s carnage to climb higher

The S&P/ASX 200 Index (ASX: XJO) is tumbling on Thursday after US shares suffered a sell-off overnight.

Today’s dip has seemingly been born from concerns the United States could be heading for a recession after a disastrous Wednesday on Wall Street. Additionally, the Australian Bureau of Statistics today announced the nation’s jobless rate dropped to 3.9% in April. A tightening labour market could herald further interest rate rises, putting more pressure on the ASX 200.

So, there’s plenty that could be weighing on the ASX 200 today, and the index is sagging under the strain. Right now, it is recording a 1.5% slump – but not all ASX 200 shares are in the red.

Here’s what’s boosting these ASX 200 constituents higher today.

3 ASX 200 shares in the green on Thursday

Goodman Group (ASX: GMG)

The Goodman share price is defying the downturn on Thursday to trade 0.63% higher at $19.20.

Interestingly, there’s been no news from the property group today. However, earlier this week it released a trading update for the quarter just been.

A strong period of demand has seen the company’s like-for-like net property income increase by 3.7%. Additionally, it upped its guidance for financial year 2022.

It now expects to report earnings per share (EPS) growth of 23% and distribute 30 cents per share this financial year.

Aristocrat Leisure Limited (ASX: ALL)

The share price of under-the-radar ASX 200 giant Aristocrat Leisure is also in the green today. It’s up 5.57% and trading at $33.36 following the release of the company’s half-year earnings.

Its revenue lifted 23% on that of the prior corresponding period, reaching approximately $2.7 billion last half.

Its earnings before interest, tax, depreciation, and amortisation (EBITDA) also rose 30% to $970 million and its net profit surged nearly 41% to $580 million.

That led the gaming technology company to announce a 26 cent interim dividend – a 73% increase – and a $500 million on-market buyback.

Perseus Mining Limited (ASX: PRU)

Finally, the Perseus Mining share price is trading in the green on Thursday despite the ASX 200’s woes. It is currently 1.15% higher at $1.76.

Like that of Goodman Group, the company’s stock is gaining for no obvious reason.

Though, it did release good news about its planned acquisition of Orca Gold Inc earlier this week.

Orca shareholders voted in favour of the takeover on Monday (Canadian time) and Perseus Mining expected regulators to give it the final tick of approval on Wednesday.

Following the regulatory green light, the takeover was expected to be completed today. Though, that could occur overnight Aussie time.

The post 3 ASX 200 shares defying today’s carnage to climb higher appeared first on The Motley Fool Australia.

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Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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