TMX Group announces 29% decrease MoM in January 2017 equity financing statistics

TMX Group (TSX:X) announced its financing activity on Toronto Stock Exchange and TSX Venture Exchange for January 2017.

Toronto Stock Exchange welcomed 17 new issuers in January 2017, compared with eight in the previous month and eight in January 2016. The new listings included 14 exchange traded funds, one mining company, one diversified industries company and one financial services company.

Total financings raised in January 2017 decreased 29% from the previous month but were up 151% compared to January 2016. The total number of financings in January 2017 was 51, compared with 76 in the previous month and 28 in January 2016.

TSX Venture Exchange welcomed three new issuers in January 2017, compared with two the previous month and two in January 2016. The new listings were a diversified industries company, a mining company and a Capital Pool company. Total financings raised in January 2017 increased 4% compared to the previous month, and were up 425% compared to January 2016. There were 148 financings in January 2017, compared with 135 in the previous month and 94 in January 2016.

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