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Bank buildings tower over the corner of Bay Street and Adelaide streets in Toronto.
Bank buildings tower over the corner of Bay Street and Adelaide streets in Toronto.
(Gloria Nieto/The Globe and Mail)

Bay Street baffled by weak trading volumes in hot market

Even as Canada’s largest equity market closes in on its post-crisis peak, trading volumes remain stuck in a rut – and no one seems to know why.

Although the S&P/TSX composite index is back above 14,000, trading volumes this year are 20 per cent lower than they were during the first two months of 2011, the last time the TSX was on fire.