Toronto Stocks Advance; Shopify Rises on Ratings Upgrade

Dow Jones

Feb 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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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. \n</p>\n<p>\n  Canada's S&amp;P/TSX Composite Index rose 0.7% to 33257.00 and the blue-chip S&amp;P/TSX 60 advanced 0.9% to 1928.15. \n</p>\n<p>\n  <a href=\"https://laohu8.com/S/SHOP\">Shopify</a> 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. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Other market movers: \n</p>\n<p>\n  Shares of <a href=\"https://laohu8.com/S/OTEX\">Open Text</a> rose 4.3% to C$35.86 after it increased its share repurchase program by US$200 million to US$500 million. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 10, 2026 12:09 ET (17:09 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toronto Stocks Advance; Shopify Rises on Ratings Upgrade</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToronto Stocks Advance; Shopify Rises on Ratings Upgrade\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-02-11 01:09</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Adriano Marchese \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Toronto stocks continued their rally Tuesday mid-trading thanks to a broad-based push from most Canadian sectors. 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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. \n\n\n  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. \n\n\nShopify 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. \n\n\n \n\n\n  Other market movers: \n\n\n  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. \n\n\n \n\n\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 10, 2026 12:09 ET (17:09 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}