Highlighted NEX Stocks For October 1st

Thirty-four NEX stocks traded on Monday. Of these, 10 advanced, 9 declined and 15 remained unchanged. There were 118 trades. The top trader in terms of raw volume was International CHS Resource Corporation [NEX: ICJ.H], with 207,000 shares traded Monday, in eight trades all made within twenty-two minutes of each other in the last hour of trading. The sell-side financial instiution for all except one, of 32,000 shares at about 3:41 PM ET, was Desjardins Financial. It's possible that the remaining 175,000 shares were a sold block, but (as is the case with the sketchy exchange data) it's impossible to tell for sure. ICJ.H closed at 3.5 cents/share, unchanged since the previous day's close as set on September 11th. Despite the unusually large volume on Monday, the price hardly dipped: only three of its eight trades were below the close, at 3 cents/share, and those were the second to fourth. The price rebounded back for the fifth to eighth trades.

The TSX Venture closing summary named Monster Uranium Corp. [NEX: MU.H] as the top trader in terms of value for Monday. MU.H was one of the ten decliners, closing at 50 cents/share for a drop of 2 cents/share on the day; it traded seven times. 50 cents/share was actually the high of the day: the first, as well as the last two, were made at that price. Two of the middle three trades went at the same time, and the last of those three went a little more than sixteen minutes afterwards; all had Anonymous as the sell-side financial institution, suggesting a sold block that sagged the price a bit. Interestingly, the last two trades had the same financial institution on the sell side - RBC - but the price did not sag; instead, it returned to the day's opening price for the stock. International CHS placed first on the top-ten list of volume traded divided by total shares outstanding, found below; Monster placed ninth.

Only one NEX stock traded more than ten times Monday, and its name is a familiar one in this spot. Only eight of Monday's 23 trades in Silvio Ventures [NEX: SIV.H] were of board-lot size or greater; once again, PI Securities was the buy-side financial institution for all of the odd-lotters. The ones bought through PI, except for the first three, were for 47 cents/share; those first three were for 44.5 cents/share. The first two board-lotters went for 46.5 cents/share; these went through Canaccord on the buy side. The others went for 50 cents/share, and were bought through Haywood. SIV.H closed at 50 cents/share, unchanged from Friday's close, on volume of 8,144 shares.

The top percentage gainer in Monday's trading was Biomerge Industries Ltd. [NEX: BIL.H], which closed at 2 cents/share for a gain of 0.5 cents/share, or 33.33%, on the day. Seven trades, all but one made in the afternoon (Eastern time), pushed Biomerge to the top of this category; all of them were at the same 2-cent price. This upsurge brought BIL.H back to its indicated price at the start of its NEX listing. The volume for the day was 125,000 shares, and all of them were sold through E-Trade.

The top percentage decliner for Monday was infrequent trader Allied Pacific Properties and Hotels Ltd. [NEX: PPH.H], with a close at 3.5 cents/share for a drop of 1.5 cents/share or 30%. The previous close for PPH.H was on August 27th, and the close before that one was on July 18th. Despite the ostensible precipitousness of the drop, Allied Pacific closed in the middle of its 52-week range: 6.5-to-2 cents/share. One trade, of 10,000 shares, put it in Monday's top decliner category.

Finally, the above-mentioned list of yesterday's top ten traders, as measured by % of total outstanding shares or daily turnover (all prices in per-share terms):

1. International CHS Resource Corporation [NEX: ICJ.H], closed at 3.5 cents unchanged - 1.40% of total shares outstanding;
2. Magnate Ventures Inc. [NEX: MGV.H], closed at 22 cents for a loss of 0.5 cents - 1.39% of TSO;
3. Arcland Resources Inc. [NEX: ADR.H], closed at 22 cents unchanged - 0.378% of TSO;
4. Rose Marie Resources Ltd.[NEX: RSR.H], closed at 11.5 cents unchanged - 0.366% of TSO;
5. eReservation Systems Corp. [NEX: RSS.H] closed at 15 cents for a gain of 3 cents - 0.359% of TSO;
6. Millstreet Industries Inc. [NEX: MLI.H], closed at 10 cents for a gain of 1.5 cents - 0.272% of TSO;
7. Toba Industries Ltd. [NEX: TBG.H], closed at 10 cents for a loss of 0.5 cents - 0.265% of TSO;
8. Gainey Resources Ltd. [NEX: GRD.H], closed at 35 cents for a gain of 2 cents - 0.259% of TSO;
9. Monster Uranium Corp. [NEX: MU.H], closed at 50 cents for a loss of 2 cents - 0.231% of TSO;
10. Global Tree Technologies Inc. [NEX: GTT.H], closed at 1.5 cents for a loss of 0.5 cents - 0.224% of TSO.

NOTE: I am not affiliated with the TSX, nor is this blog. The Barrel's Bottom Composite index is not endorsed by the TSX.

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