Market Volatility: Resilient Performers Amidst S&P/ASX 200 Downturn

Highlights:

• Despite a 0.9% drop in the S&P/ASX 200 Index, selected stocks like Atlantic Lithium Ltd and Charter Hall Group demonstrated resilience, posting gains of 2.5% each.
• Charter Hall Group's 2.5% rise was fueled by a positive broker note from Morgan Stanley, upgrading the property company's shares to an overweight rating.
• Record-Setting Performance for DroneShield: DroneShield Ltd witnessed an impressive 8.5% increase in its share price following a quarterly update.

Atlantic Lithium Ltd (ASX: A11)

Despite a 0.9% decline in the S&P/ASX 200 Index, Atlantic Lithium Ltd is defying the trend with a 2.5% surge to 41 cents. The Africa-focused lithium developer's positive momentum comes without any apparent news. Notably, Macquarie's optimistic stance on the company, reaffirming an outperform rating and a AU$0.56 price target on Monday, may be contributing to the upward movement.

Charter Hall Group (ASX: CHC)

The Charter Hall share price is up 2.5% to $11.90, propelled by a positive broker note from Morgan Stanley. The brokerage firm upgraded the property company's shares to an overweight rating, setting an improved price target of AU$13.25. Morgan Stanley sees Charter Hall as an attractive option for investors amid falling bond yields.

DroneShield Ltd (ASX: DRO)

Investors are flocking to DroneShield, lifting its share price by 8.5% to 40.2 cents. This surge follows the release of the company's quarterly update, revealing a record AU$48 million in customer cash receipts and grants for the December quarter. The figure is five times larger than any previous quarter, marking a substantial achievement. Additionally, DroneShield reported a maiden profit for the 12 months.

Zip Co Ltd (ASX: ZIP)

Zip Co Ltd stands out with an 8.5% increase in its share price to 53.2 cents, despite no specific news from the buy now pay later provider. The recent decline in Zip's shares over the past month may be attracting bargain hunters, as the stock remains down by 14% on a monthly basis. The current market environment suggests resilience in these selected stocks amid broader market fluctuations.

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