The ASX has barely moved today with gains from big-name companies like Commonwealth Bank of Australia (ASX: CBA) and Telstra Corporation Ltd (ASX: TLS) being offset by the nation's biggest miners.
However, the mediocre mood sweeping across the market certainly hasn't acted as a drag on these five companies, all of which are soaring today.
Bellamy's Australia Ltd (ASX: BAL) surged 6.2% higher to a brand-new high of $8.57, despite the absence of any company-specific news. Bellamy's has been an incredible performer for investors and it's possible it can continue climbing in price over the coming years given the surging demand for its products, both locally and internationally.
Nearmap Ltd (ASX: NEA) gained 7% to trade at 38 cents per share. The company was sold off heavily last week following the sudden departure of its Managing Director, Simon Crowther, and it seems investors are taking advantage of the low price.
Link Administration Holdings Ltd (ASX: LNK) has also soared on its ASX debut; the shares opened at $7.10 – 11.5% above the $6.37 offer price. Link Administration is the largest provider of fund administration services to Australia's large superannuation pension funds, while it also provides share registry and investor relations services.
Harvey Norman Holdings Limited (ASX: HVN) gained 3.4% to trade at $3.99. The retail and property development group issued an update on sales made during the three months to September 2015, reporting like-for-like sales growth of 7% across the globe.
Capilano Honey Ltd (ASX: CZZ) shares were also buzzing today, trading 9.4% higher at $19. Capilano Honey has generated sweet returns for investors over the last 12 months (pun intended), but has retreated over the last month or so. It's possible investors are taking advantage of that based on the belief there are still gains to be made in the long run!
