TMX Group today announced its financing activity on Toronto Stock Exchange and TSX Venture Exchange for February 2011.
Toronto Stock Exchange welcomed 21 new issuers to the market in February 2011, exceeding both last month and February 2010 when there were 5 and 13 new listings respectively. Among the new listings were 13 new exchange traded funds, including 10 from BMO Exchange Traded Funds. The Exchange also had a very strong month in financing; total financing in February 2011 was 256% greater than January 2011 and 117% greater than February 2010.
TSX Venture Exchange also had another strong month with 18 new issuers listed, compared to 13 new listings last month and 14 new listings in February 2010. The Exchange welcomed six mining companies during the month. Total equity financing was very solid during the month. Almost $975 million was raised, which represents a 152% increase over February 2010 and 13% over January 2011.
The total market capitalization on both markets was up significantly in February 2011 compared to February 2010. TSX Venture Exchange was up 108% and Toronto Stock Exchange was up 31%.
Related Documents:
TMX Group – Equity Financing Statistics - February 2011