Eastcoal volume skyrockets

THE Toronto Stock Exchange soared to a one-month high after Bernanke’s announcement calmed market fears. Eastcoal’s shares didn’t move but traded at more than 300% higher volume, likely explained by a July 3 announcement of a share consolidation at the company's upcoming annual general meeting on July 26, where shareholders will receive one common share for every 20 held.

Staff Reporter

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