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5 ASX stocks smashing the market today

The ALL ORDINARIES (Index: ^AORD) (ASX: XAO) appears headed for its first negative day after seven days of gains with the index down 0.3% in mid-afternoon trading. But it could’ve been much worse, with US markets down much more overnight.

However, these five stocks are shooting the lights today…

Kibaran Resources Ltd (ASX: KNL) has rocketed up 26% to 29 cents, after the graphite miner signed a deal with Germany’s ThyssenKrupp Metallurgical products GmBH for the sale of an initial and minimum 20,000 tonnes per annum of natural flake graphite products. You can read more about Kibaran here.

Ziptel Limited (ASX: ZIP) has seen its shares soar 24% to 38 cents. The mobile app developer has developed an app that allows customers to send and receive free calls and SMS messages internationally, providing quality call quality even over very low bandwidths. The company says current competing apps are unable to operate in those environments, and that the ZipT app opens up communications for an estimated 1.9 billion people across emerging countries.

Syrah Resources Ltd (ASX: SYR), another graphite miner, saw its shares zoom up 13% to $3.65. Syrah’s Balama Graphite project is the world’s largest graphite and vanadium resource, and the company has signed a number of significant offtake agreements for its graphite products.

Seymour White Limited’s (ASX: SWL) shares climbed 8.3% to $1.50, after the construction company announced that it had secured $130 million worth of new contracts. Lumped in with the mining services companies, Seymour White generates much if tis revenue from infrastructure and civil engineering projects. The company was today awarded an $85m roads upgrade project, $30 million in various transport utilities projects and finalised a $16m contract with Sydney Airport Holdings Ltd (ASX: SYD).

Somnomed Limited (ASX: SOM) has jumped 7.9% to $2.60. The company develops oral devices to assist with sleep related disorders. Year to date, shares have climbed 136%, as Somnomed continues to achieve strong sales of its apnea devices. September broke a number of records, with growth rates in the US, Europe and Asia rising more than 23%.

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Motley Fool writer/analyst Mike King owns shares in Sydney Airport. You can follow Mike on Twitter @TMFKinga

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