IFM Investments (NYSE: CTC) and Highway 50 Gold (TSXV: HWY) Lead the Top Sector Gainers

IFM Investments Ltd (NYSE: CTC) and Highway 50 Gold Corp (TSXV: HWY), lead the top small cap stock gainers for various sectors on both sides of the border, including one that saw its share price soar of 49%.

Top U.S. Gainer

IFM Investments Ltd (NYSE: CTC), engaged in providing real estate services, was the top performer in the U.S. financial sector after climbing 49.2%, Tuesday and closed at $2.09, while recording significant trading volumes of 1.5 million shares. CTC breached its all the key technical resistance levels of 30-Day, 50-Day and 200-Day DMAs at $1.43, $1.51 & $1.53 respectively. Recently, the company announced that it has signed a strategic partnership agreement with SouFun Holdings Ltd (NYSE:SFUN) to grow their mutual business with focus on new emerging revenue generation opportunities in advertising, internet and real estate financing. During the past 5-trading sessions, CTC gained 63.3% with daily average trading volumes of 330,585 shares, while the stock accumulated over 34.8% during the past one month with daily average trading volumes of 96,910 shares. The stock is 1.9% year-to-date.

1-Year Price Chart

Top Canadian Gainer

Highway 50 Gold Corp (TSXV: HWY), engaged in the exploration of gold, was the top sector gainer having gained 29.0% and closed at C$0.40 Tuesday, while recording significant trading volumes of 121,500 shares. During the past 5-trading sessions, HWY gained 11.1% with daily average trading volumes of 26,400 shares, while the stock accumulated over 2.6% during the past one month with daily average trading volumes of 11,417 shares.

1-Year Price Chart