Jewelry retailer Zale ( ZLC) was among small-cap leaders Friday, rising more than 30%.

Zale, which has seen an increase in insider buying lately, was up 85 cents to $3.66. Volume was more than 9 million shares, three times average.

Macerich ( MAC), a real estate investment trust specializing in shopping centers, was trading at $10.10, up $2.06 or 26%. Earlier this week, Macerich announced $446 million worth of loan refinancing. More than 5.8 million shares were trading. Average volume is abot 3.9 million.

Allied Irish Banks' ( AIB) American depositary shares were up 33%, or 73 cents to $2.93.

Shares of Century Aluminum ( CENX) were up 22%, or 66 cents to $3.65.

Shares of Las Vegas-based casino operator MGM Mirage ( MGM) were up 19%, or 60 cents to $3.74.

Gaylord Entertainment ( GET) shares fell 14% after the Nashville, Tenn.-based resort operator was downgraded to market perform from outperform Friday morning by Wachovia Bank. Gaylord was trading at $8.02, down $1.35.

Share of office-supply company Acco Brands ( ABD) were down 19%, or 32 cents to $1.37 a day after the company received a delisting notice from the New York Stock Exchange.

The company is considered below criteria established by the NYSE because its total market capitalization has been less than $75 million over a consecutive 30 trading-day period, and its last reported shareholders equity was less than $75 million. Despite Friday's selling, Acco was slightly above $75 million in market cap.

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