On Tuesday, the top TSX mover was Horizons BetaPro NYMEX Crude Oil Bull Plus ETF (TSX: T.HOU, Stock Forum) It fell 6.7% and was trading at $4.04 on volume of 3.8 million shares. The investment fund lost ground as investors bet on oil prices falling and switched into the Horizons BetaPro NYMEX Crude Oil Bear Plus ETF (TSX: T.HOD, Stock Forum), which gained 6.6%.
iShares S&P/TSX 60 Index Fund (TSX: T.XIU, Stock Forum) was the second most active stock on the TSX. The stock lost 1.9% and was trading at $17.49 on volume of 3.7 million. Investors bailed out of the stock as the market fell lower in mid-morning trading.
Zodiac Exploration Inc. (TSX: V.ZEX, Stock Forum) was the volume leader on the TSX Venture Exchange. It was up 14.29% and was trading at $0.08 on volume of 4.9 million. The light oil exploration and production company signed a farmout agreement with privately-owned Aera Energy LLC, whereby Aera will pay 100% of the cost of two vertical wells and two horizontal wells to be drilled in California.
The second most active stock on the TSX Venture was NWM Mining Corp. (TSX: V.NWM, Stock Forum). It was unchanged and traded at $0.05 after 1.9 million shares changed hands. The mineral exploration company had no related news to explain the high volume of trading.