Top U.S and Canadian Sector Gainers (NASDAQ: ACTS) (TSX: IBG)

Actions Semiconductor Co Ltd (NASDAQ: ACTS) and IBI Group Inc (TSX: IBG) lead the top small cap stock gainers for various sectors on both sides the border, including one that saw its share price soar of 25%

Top U.S. Gainer

Actions Semiconductor Co Ltd (NASDAQ: ACTS), a fabless semiconductor company that designs, develops and markets integrated platform solutions, including system-on-chips (SoCs), firmware, software development tools and reference designs, for manufacturers of portable media players, was the top performer in the U.S. technology sector Friday climbing 16.6% after the company reported second quarter results and provided guidance for third quarter of 2014. The stock breached the key technical resistance levels of 50-day and 200-day DMAs at $2.18 and $2.39 respectively and closed at $2.45 while recording significant volumes of 335,444 shares. During the past 5-trading sessions, the stock gained 19.5% with daily average trading volumes of 180,975 shares, while the stock surged 16% in the past one month with daily average trading volumes of 82,043 shares. For the third quarter, ACTS expects revenue in the third quarter of 2014 to be in the range of $13.0 to $15.0 million. Moreover, the company expects shipments to improve in the second half of 2014.

1-Year Price Chart

Top Canadian Gainer

Shares of IBI Group Inc (TSX: IBG), an international, multi-disciplinary provider of a range of professional services focused on the physical development of cities, climbed 25% Friday while recording significant volumes of 178,353 shares after the company reported strong second quarter 2014 earnings results. The stock closed at C$2.75 per share. During the past 5-trading sessions, the stock rallied 26.7% with daily average trading volumes of 62,973 shares, the stock accumulated over 56% in last one month with daily average trading volumes of 75,138 shares. The stock is up 212% year-to-date.

1-Year Price Chart