Toronto Stocks Advance; Shopify Rises on Ratings Upgrade

Dow Jones
02/11
 

By Adriano Marchese

 

Toronto stocks continued their rally Tuesday mid-trading thanks to a broad-based push from most Canadian sectors. Commercial services, health tech and tech services stocks were the primary gainers of the session, while consumer discretionary tech and materials stocks were among the few laggards.

Canada's S&P/TSX Composite Index rose 0.7% to 33257.00 and the blue-chip S&P/TSX 60 advanced 0.9% to 1928.15.

Shopify shares rose 7.7% to C$172.99 on the back of an upgrade from ATB Cormark Capital, raising the stock rating to outperform from sector perform on the back of its unique position in the e-commerce space and its capital-light model regarding artificial intelligence.

 

Other market movers:

Shares of Open Text rose 4.3% to C$35.86 after it increased its share repurchase program by US$200 million to US$500 million.

 

Write to Adriano Marchese at adriano.marchese@wsj.com

 

(END) Dow Jones Newswires

February 10, 2026 12:09 ET (17:09 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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