Top U.S and Canadian Sector Gainers

NetSol Technologies (NASDAQ: NTWK) and Geomega Resources (TSXV: GMA) are the top
small cap stock gainers for various sectors on both sides the border, including
one that saw its share price soar 42%.

Top U.S. Gainer

NetSol Technologies Inc (NASDAQ: NTWK), a provider of information technology (IT) and enterprise application solutions, was the top performer in the U.S. technology sector after climbing 40.1% Wednesday after it signed an agreement worth $16 million to implement NFS Ascent with a major Asian financial group. Yesterday, the stock breached the short term technical levels of 30-day & 50-day DMA at $3.59 and $3.73 respectively indicating an immediate uptrend and ended at $3.88 while recording huge trading volumes of 1.8 million shares. During the last 5-trading sessions, the stock gained 11.5% with daily average trading volumes of 478,946 shares compared with one month daily average trading volumes of 131,490 shares.

1-Year Price Chart

Top Canadian Gainer

Shares of Geomega Resources (TSXV: GMA), a mineral exploration and evaluation company focused on the discovery and sustainable development of economic deposits of metals, such as rare earth elements (REE) niobium and graphite, gained maximum in the Canadian diversified mining sector after climbing 41.7% on a block trade of 60,000 shares by CIBC World Markets. Yesterday, the stock broke the short term technical resistance levels of 30-day & 50-day DMAs at C$0.28 and C$0.31 respectively and closed at C$0.34 while recording significant trading volumes of 1.3 million shares. During the past 5-trading sessions, the stock rallied 33.3% with daily average trading volumes of 361,032 shares compared with one month daily average trading volumes of 235,351 shares. We note that the stock is up 240% year to date.

1-Year Price Chart