TMX Group Reports Mixed Exchange Activity: TSX Financings Jump 49% to $1.19B in December

TMX Group released its December 2024 financing activity report for Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV). TSX welcomed seven new issuers (five ETFs and two mining companies), compared to 14 in November and three in December 2023. Total TSX financings raised in December 2024 reached $1.19 billion, up 49% month-over-month but down 56% year-over-year.

TSXV added two new mining companies in December 2024. TSXV total financings increased to $487.9 million, up 6% from November and 42% from December 2023. The number of TSXV financings rose to 120 from 106 in November.

Year-to-date 2024, TSX saw a 9.6% increase in new listings and a 147% jump in IPO financings, while total financings decreased 6%. TSXV recorded a 17.2% decline in new issuers but an 8.1% increase in total financings raised compared to 2023.