Morning Market Movers (MTSL, SHZ, HGSH, CASC)

MER Telemanagement Solutions Ltd MTSL jumped 23.70% to $3.81 by 10:02 am. MTSL's quarterly earnings surged 111.35% y/y. China Shen Zhou Mining & Resources Inc SHZ shares surged 23.27% to $3.02. SHZ projects 164% surge in its 2011 net revenues, compared with 2010. China HGS Real Estate Inc HGSH shares advanced 19.17% to $3.73. HGSH's quarterly revenue jumped 2,145.00% y/y. Cascade Corporation CASC climbed 18.41% to $46.76. CASC reported upbeat Q3 results. Read more from Benzinga's Markets.