TMX Group Equity Financing Statistics - September 2024
Rhea-AI Summary
TMX Group released its financing activity report for September 2024 on Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV). TSX welcomed 13 new issuers, including 12 exchange traded funds and one utilities & pipelines company. Total financings raised on TSX in September 2024 decreased 64% from August and 90% from September 2023. TSXV welcomed five new issuers, with total financings raised decreasing 6% from August but increasing 113% from September 2023.
Year-to-date statistics for TSX show a 20.8% increase in new issuers listed and a 5.2% increase in total financings raised compared to 2023. TSXV year-to-date figures indicate a 17% decrease in new issuers listed and a 4.2% decrease in total financings raised compared to the previous year.
Positive
- TSX welcomed 13 new issuers in September 2024, up from 10 in September 2023
- TSXV total financings raised in September 2024 increased 113% compared to September 2023
- TSX year-to-date new issuers listed increased by 20.8% compared to 2023
- TSX year-to-date total financings raised increased by 5.2% compared to 2023
- TSX market cap of listed issues increased by 23.5% year-to-date compared to 2023
- TSXV market cap of listed issues increased by 14.2% year-to-date compared to 2023
Negative
- TSX total financings raised in September 2024 decreased 64% from August and 90% from September 2023
- TSXV total financings raised in September 2024 decreased 6% compared to the previous month
- TSXV year-to-date new issuers listed decreased by 17% compared to 2023
- TSXV year-to-date total financings raised decreased by 4.2% compared to 2023
- TSXV IPO financings raised year-to-date decreased by 50.6% compared to 2023
News Market Reaction – TMXXF
On the day this news was published, TMXXF declined 0.20%, 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. - October 9, 2024) - TMX Group (TSX: X) today announced its financing activity on Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) for September 2024.
TSX welcomed 13 new issuers in September 2024, compared with 17 in the previous month and 10 in September 2023. The new listings were 12 exchange traded funds and one utilities & pipelines company. Total financings raised in September 2024 decreased
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 five new issuers in September 2024, compared with five in the previous month and three in September 2023. The new listings were three mining companies, one technology company and one oil & gas company. Total financings raised in September 2024 decreased
TMX Group consolidated trading statistics for September 2024 can be viewed at www.tmx.com.
Toronto Stock Exchange
| September 2024 | August 2024 | September 2023 | |
| Issuers Listed | 1,822 | 1,824 | 1,807 |
| New Issuers Listed | 13 | 17 | 10 |
| IPOs | 12 | 15 | 7 |
| Graduates from TSXV | 0 | 0 | 2 |
| Issues Listed | 2,477 | 2,482 | 2,481 |
| IPO Financings Raised | |||
| Secondary Financings Raised | |||
| Supplemental Financings Raised | |||
| Total Financings Raised | |||
| Total Number of Financings | 31 | 44 | 29 |
| Market Cap Listed Issues |
Year-to-date Statistics
| 2024 | 2023 | % change | |
| New Issuers Listed | 116 | 96 | +20.8 |
| IPOs | 105 | 81 | +29.6 |
| Graduates from TSXV | 7 | 11 | -36.4 |
| IPO Financings Raised | +69.6 | ||
| Secondary Financings Raised | +0.6 | ||
| Supplemental Financings Raised | +18.2 | ||
| Total Financings Raised | +5.2 | ||
| Total Number of Financings | 324 | 287 | +12.9 |
| Market Cap Listed Issues | +23.5 |
TSX Venture Exchange**
| September 2024 | August 2024 | September 2023 | |
| Issuers Listed | 1,884 | 1,883 | 1,908 |
| New Issuers Listed | 5 | 5 | 3 |
| IPOs | 1 | 1 | 1 |
| Graduates to TSX | 0 | 0 | 2 |
| Issues Listed | 1,956 | 1,957 | 2,001 |
| IPO Financings Raised | |||
| Secondary Financings Raised (1) | |||
| Supplemental Financings Raised | |||
| Total Financings Raised | |||
| Total Number of Financings | 94 | 87 | 84 |
| Market Cap Listed Issues |
Year-to-date Statistics
| 2024 | 2023 | % Change | |
| New Issuers Listed | 39 | 47 | -17.0 |
| IPOs | 11 | 29 | -62.1 |
| Graduates to TSX | 7 | 11 | -36.4 |
| IPO Financings Raised | -50.6 | ||
| Secondary Financings Raised (1) | -6.2 | ||
| Supplemental Financings Raised | -3.3 | ||
| Total Financings Raised | -4.2 | ||
| Total Number of Financings | 846 | 891 | -5.1 |
| Market Cap Listed Issues | +14.2 |
**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 September 2024:
Toronto Stock Exchange
| Issuer Name | Company Symbol |
| CI Global Quality Dividend Growth Index ETF | CGQD.B |
| Corton Enhanced Income Fund | RAAA |
| Evolve Canadian Aggregate Bond Enhanced Yield Fund | AGG |
| Evolve Canadian Utilities Enhanced Yield Index Fund | UTES |
| Forstrong Global Balanced ETF | FGBL |
| Hamilton U.S. T-Bill YIELD MAXIMIZER™ ETF | HBIL |
| iShares Flexible Monthly Income ETF | XFLI |
| Mackenzie Bluewater Next Gen Growth ETF | MNXT |
| Mackenzie Core Resources ETF | MORE |
| Mackenzie Global Equity ETF | MGQE |
| Mackenzie International Equity ETF | MIQE |
| South Bow Corporation | SOBO |
| Vanguard Canadian Ultra-Short Government Bond Index ETF | VVSG |
TSX Venture Exchange
| Issuer Name | Company Symbol |
| BIGG Digital Assets Inc. | BIGG |
| Fiddlehead Resources Corp. | FHR |
| Greenheart Gold Inc. | GHRT |
| Mithril Silver and Gold Limited | MSG |
| Saga Metals Corp. | SAGA |
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/226061