TMX Group Equity Financing Statistics - October 2024

Rhea-AI Summary

TMX Group reported its October 2024 financing activity for TSX and TSXV exchanges. TSX welcomed 11 new issuers (10 ETFs, 1 consumer products company), with total financings up 111% from September and 83% from October 2023. Total financings reached $1.28 billion through 37 transactions. TSX Venture Exchange added 4 new issuers across life sciences, technology, clean technology, and oil & gas sectors. TSXV financings increased 27% month-over-month to $492.3 million through 110 transactions. Year-to-date, TSX market cap grew 28% to $4.82 trillion, while TSXV market cap rose 28.9% to $84.68 billion.

Positive

• TSX total financings increased 111% month-over-month to $1.28 billion
• TSXV total financings grew 27% month-over-month to $492.3 million
• TSX market cap up 28% YTD to $4.82 trillion
• TSXV market cap increased 28.9% YTD to $84.68 billion
• TSX IPO financings up 99% YTD to $1 billion

Negative

• TSXV IPO financings down 75% YTD to $7.59 million
• TSXV secondary financings decreased 16% YTD to $831.59 million
• Number of TSXV new issuers declined 17.3% YTD

News Market Reaction

-0.07%

1 alert

-0.07% News Effect

On the day this news was published, TMXXF declined 0.07%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Toronto Stock Exchange, TSX Venture Exchange

Toronto, Ontario--(Newsfile Corp. - November 11, 2024) - TMX Group (TSX: X) today announced its financing activity on Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) for October 2024.

TSX welcomed 11 new issuers in October 2024, compared with 13 in the previous month and 29 in October 2023. The new listings were 10 exchange traded funds and one consumer products & services company. Total financings raised in October 2024 increased 111% compared to the previous month, and were up 83% compared to October 2023. The total number of financings in October 2024 was 37, compared with 31 the previous month and 46 in October 2023.

For additional data relating to the number of transactions billed for TSX, please click on the following link: https://www.tmx.com/resource/en/440

TSXV welcomed four new issuers in October 2024, compared with five in the previous month and five in October 2023. The new listings were one life sciences company, one technology company, one clean technology company, and one oil & gas company. Total financings raised in October 2024 increased 27% compared to the previous month, and were up 43% compared to October 2023. There were 110 financings in October 2024, compared with 94 in the previous month and 77 in October 2023.

TMX Group consolidated trading statistics for October 2024 can be viewed at www.tmx.com.

Toronto Stock Exchange

	October 2024	September 2024	October 2023
Issuers Listed	1,827	1,822	1,824
New Issuers Listed	11	13	29
IPOs	10	12	27
Graduates from TSXV	0	0	0
Issues Listed	2,480	2,477	2,495
IPO Financings Raised	$264,750,000	$32,856,188	$68,574,033
Secondary Financings Raised	$790,113,840	$420,627,747	$372,241,531
Supplemental Financings Raised	$227,442,081	$154,042,200	$261,418,500
Total Financings Raised	$1,282,305,921	$607,526,135	$702,234,064
Total Number of Financings	37	31	46
Market Cap Listed Issues	$4,819,547,197,929	$4,793,018,768,120	$3,766,486,481,651

 

Year-to-date Statistics

	2024	2023	% change
New Issuers Listed	127	125	+1.6
IPOs	115	108	+6.5
Graduates from TSXV	7	11	-36.4
IPO Financings Raised	$1,004,122,315	$504,566,369	+99.0
Secondary Financings Raised	$11,195,547,423	$10,715,967,225	+4.5
Supplemental Financings Raised	$1,949,272,144	$1,717,650,438	+13.5
Total Financings Raised	$14,148,941,882	$12,938,184,032	+9.4
Total Number of Financings	361	333	+8.4
Market Cap Listed Issues	$4,819,547,197,929	$3,766,486,481,651	+28.0

 

TSX Venture Exchange**

	October 2024	September 2024	October 2023
Issuers Listed	1,882	1,884	1,908
New Issuers Listed	4	5	5
IPOs	0	1	1
Graduates to TSX	0	0	0
Issues Listed	1,956	1,956	2,001
IPO Financings Raised	$0	$1,758,540	$15,004,000
Secondary Financings Raised (1)	$56,019,785	$224,053,951	$162,267,750
Supplemental Financings Raised	$436,272,795	$161,071,589	$169,420,289
Total Financings Raised	$492,292,580	$386,884,080	$346,692,039
Total Number of Financings	110	94	77
Market Cap Listed Issues	$84,676,877,728	$79,735,429,322	$65,710,539,081

 

Year-to-date Statistics

	2024	2023	% Change
New Issuers Listed	43	52	-17.3
IPOs	11	30	-63.3
Graduates to TSX	7	11	-36.4
IPO Financings Raised	$7,587,540	$30,354,107	-75.0
Secondary Financings Raised (1)	$831,586,077	$989,403,710	-16.0
Supplemental Financings Raised	$2,915,735,036	$2,733,175,924	+6.7
Total Financings Raised	$3,754,908,653	$3,752,933,741	+0.1
Total Number of Financings	956	968	-1.2
Market Cap Listed Issues	$84,676,877,728	$65,710,539,081	+28.9

 

**Includes NEX (not applicable to New Issuers Listed, IPOs and IPO Financings Raised)

(1) Secondary financings include prospectus offerings on both a treasury and secondary basis

The information contained in this media release is provided for informational purposes only and is not intended to provide investment, trading, financial or other advice. Comparative data has been updated to reflect known corrections.

TMX Group welcomes the following companies that listed during October 2024:

Toronto Stock Exchange

Issuer Name	Company Symbol
A & W Food Services of Canada Inc.	AW
BMO MSCI EAFE High Quality Index ETF	ZIQ
Capital Group Global Equity Select ETF (Canada)	CAPG
Capital Group International Equity Select ETF (Canada)	CAPI
Capital Group Multi-Sector Income Select ETF (Canada)	CAPM
Capital Group World Bond Select ETF (Canada)	CAPW
Dynamic Active Corporate Bond ETF	DXCB
Dynamic Active Bond ETF	DXBB
iShares Flexible Monthly Income ETF (CAD-Hedged)	XFLX
JPMorgan Nasdaq Equity Premium Income Active ETF	JEPQ
JPMorgan US Equity Premium Income Active ETF	JEPI

 

TSX Venture Exchange

Issuer Name	Company Symbol
CanCambria Energy Corp.	CCEC
Conavi Medical Corp.	CNVI
International Battery Metals Ltd.	IBAT
METAVISTA3D Inc.	DDD

 

About TMX Group (TSX: X)

TMX Group operates global markets, and builds digital communities and analytic solutions that facilitate the funding, growth and success of businesses, traders and investors. TMX Group's key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, TMX Trayport and TMX VettaFi, which provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across North America (Montréal, Calgary, Vancouver and New York), as well as in key international markets including London, Singapore and Vienna. For more information about TMX Group, visit www.tmx.com. Follow TMX Group on X: @TMXGroup.

For more information, please contact:

Catherine Kee
Head of Media Relations
TMX Group
416-671-1704
catherine.kee@tmx.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/229507

FAQ

What was TSX's total financing value in October 2024?

TSX's total financing value in October 2024 was $1.28 billion, representing a 111% increase from September 2024.

How many new issuers joined TSX Venture Exchange in October 2024?

TSX Venture Exchange welcomed 4 new issuers in October 2024, representing companies from life sciences, technology, clean technology, and oil & gas sectors.

What was the year-to-date market cap growth for TSX in 2024?

TSX's market cap grew 28% year-to-date in 2024, reaching $4.82 trillion.

How did TSXV's IPO financings perform year-to-date in 2024?

TSXV's IPO financings decreased 75% year-to-date in 2024 to $7.59 million compared to 2023.