The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada January 23, 2019. REUTERS/Chris Helgren/File Photo Purchase Licensing Rights, opens new tab
TORONTO, July 3 (Reuters) - Fundraising in Canada's capital markets made a modest turnaround in the second quarter as copper miners gave a bump to depressed equity market issuance, while oil companies led the charge on debt issuance, according to data from Refinitiv.
First Quantum Minerals' (FM.TO), opens new tab capital raising worth C$1.5 billion through issuance of common shares and Capstone Copper's (CS.TO), opens new tab C$487 million worth of equity raising were highlights of the equity markets this quarter, as investors bet on the potential of a turnaround in copper prices. Fundraising through Canada's equity markets in the second quarter increased 7% from the year-earlier period.
