Market activity on the Canadian
Venture Exchange (CDNX) reached record levels today, breaking all previous trading
records.
A total of 85 million shares traded on CDNX today, surpassing the
previous record of 74.2 million shares traded on December 10, 1999. Since the November 29,
1999 launch of CDNX, the average daily volume of shares traded has been 54.5 million.
The value of shares traded today reached $151.5 million, exceeding
the $108 million record set yesterday. The value of shares traded on CDNX has averaged $59
million per day.
Today’s trading was led by Nuvo Network Management Inc. –
up $0.46 to $1.53 on 4.7 million shares, followed by Ecompark Inc. – up $0.76 to
$2.05 on 3.3 million shares – and Nexttrip.com Travel Inc. – up $0.09 to $0.53
on 3.3 million shares.
The CDNX Index also reached a new high today, as it climbed 55.71
points to close at 2771.42. This represents an increase of 39 per cent since the
Exchange’s launch.
