But several companies have fared even worse today, with these four falling more than 5%. Here's our take…

Atlas Pearls and Perfumes Ltd (ASX: ATP) dropped 12.5% to 10.5 cents, but is still up 69% over the past six months. A producer of pearls and perfumes, Atlas farms pearls in Indonesia and a processing facility in Tasmania. In late August, Atlas announced a 56% increase in revenues for the 2014 financial year, thanks to growing and sustainable demand for pearls globally.

TZ Limited (ASX: TZL) fell 11.1% to 12 cents. Year-to-date, shares are flat, despite a rise above 20 cents in late January. The company which supplies locking solutions to data centres, automated parcel centres and the e-commerce market, recently announced a strategic purchase order from a major European multinational banking and financial services company for the Singapore market.

iProperty Group Ltd (ASX: IPP) closed down 8% lower at $2.66. The company that operates real estate portals in Malaysia, Indonesia, Singapore and Hong Kong as well as other Asian countries, has seen its share price slump 21% in the past month. Two months' ago, REA Group Limited (ASX: REA) bought a 17% stake in the company – perhaps hoping to emulate its outstanding success in Australia, and iProperty's shares went on a tear at the time.

SAI Global Limited (ASX: SAI) lost 5.6% to finish at $4.18, after the company reported that one of its potential bidders has not submitted a final offer for the company, claiming uncertainty in relation to one part of SAI Global's business. As such, the board has decided not to proceed further with this bidder, and will instead evaluate the proposals it has received.

Luckily, investors have alternatives, such as this one we rank as the top dividend stock over the next 12 months…

The post 4 stocks crushed by the ASX today appeared first on The Motley Fool Australia.

But as we have noted a number of times, just because the index is down, doesn't mean every stock is falling. Here are five stocks that are zooming ahead today…

Bauxite Resources Limited (ASX: BAU) has climbed more than 21% to 14 cents, after the company was queried by the ASX about a sudden jump in price. The company noted that it had recently settled a class action prior to the commencement of legal proceedings, and had returned 4 cents in capital to shareholders. Avoiding a potentially expensive legal bill plus damages if it lost is the most likely reason shares are higher today.

Heemskirk Consolidated Limited (ASX: HSK) has gone for another run, after posting a 26% rise yesterday. Shares are up 16.3% at 25 cents today. It seems the good news out of yesterday's corporate update is still filtering into the market. The announcement of discussions with a major industry investor, as a joint venture partner, appears to be particularly pleasing to investors.

TZ Limited (ASX: TZL) has climbed 12.5% to 13.5 cents, after announcing today that it has secured a strategic purchase order for its data centre smart locking focused IXP product in the Singapore market. Chairman Mark Bouris noted that the Monetary Authority of Singapore (MAS) has issued guidelines to address technology risks, which indicates a move towards regulated use of sophisticated locking solutions – such as those provided by TZ.

Panorama Synergy Limited (ASX: PSY) continues its strong run, rising 10.8% to 51.5 cents. Panorama shares are up 31% in the past week and 400% in the past month! The company recently raised $7 million to commercialise its LumiMEMs Reader, and says it is now fully funded, and aims to bring the product to market as quickly as possible. MEMs are tiny micro-electro-mechanical systems, which could be one of the hottest new technologies.

Redflex Holdings Limited (ASX: RDF) shares have climbed 7.8% to $1.10, possibly on the news that director Adam Gray had purchased an additional 790,000 shares in the company through Coliseum Capital, LLC. Coliseum now owns more than 23.6 million shares in the road safety camera technology company  – or around 21% of issued capital. The saying 'directors sell for many reasons, but only buy for one' may have convinced investors shares are worth buying.

The post 5 stocks soaring on the ASX today appeared first on The Motley Fool Australia.