TMX Group today announced its financing activity on Toronto Stock Exchange and TSX Venture Exchange for April 2011.
Toronto Stock Exchange doubled the number of new listings in April 2011 with 24, compared to 12 in April 2010; the April 2011 figure represents a 42% increase over March 2011. New issuers include 9 ETFs and 6 mining companies. There were 16 IPOs on Toronto Stock Exchange in April 2011 compared to 7 in April 2010 and 12 in March 2011, increases of 129% and 33% respectively. On a year-to-date basis, total financings raised on the Exchange exceeded 2010 levels by 5%.
Year-to-date financings on TSX Venture Exchange in the first four months of 2011 outpaced the same period in 2010 by 86%. The Exchange welcomed 10 new listings in April 2011, down from both the prior month and April 2010. There were 8 IPOs on TSX Venture Exchange during April 2011, up from 7 in April 2010 and down from 11 in March 2011.
Market capitalization on both exchanges in April 2011 continued to significantly exceed 2010 levels; Toronto Stock Exchange was up 23% and TSX Venture Exchange was up 80%.
TMX Group consolidated trading statistics for April 2011 can be viewed at www.tmx.com.