In afternoon trade the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) is down a disappointing 1.1% to 5,691 points.
Despite the market sinking lower, a number of shares have managed to climb higher. Here's why these four shares have posted strong gains today:
The Atlas Iron Limited (ASX: AGO) share price is up 5.5% to 1.9 cents thanks largely to a further lift in the iron ore price. According to Metal Bulletin, the benchmark 62% fines increased 1.6% to US$66.81 a tonne overnight. This means the iron ore price is now trading at its highest level since early in May.
The Crowd Mobile Ltd (ASX: CM8) share price is up 13.5% to 21 cents after the mobile technology company reported record fourth-quarter revenues. Crowd Mobile delivered revenue of $11.6 million in the fourth-quarter, which means full-year revenue rose to $43.9 million. This could be one to watch.
The GetSwift Ltd (ASX: GSW) share price is up 4% to $1.08. Investors have been fighting to get hold of the logistics software platform provider's shares since it reported that it has surpassed the 250,000 deliveries in a month milestone. I believe this growth makes GetSwift one of the most exciting small-caps on the ASX at present.
The Kyckr Ltd (ASX: KYK) share price is up 10% to 22 cents today after the regulatory technology company announced a multi-year agreement with Bloomberg. The agreement will see Kyckr provide access to business registry data to customers of various Bloomberg products. Kyckr is flying under the radar of most investors, but is well worth taking a closer look at in my opinion.
