S&P/TSX 60 Rises 0.69% as Shopify Soars 11.64% Amid Positive Market Trends

Jul 28 2026 03:11 PM IST
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The Canadian equity market demonstrated positive momentum, with the S&P/TSX 60 index rising 0.69% today and showing a 1.96% increase over the past month. Shopify, Inc. led large-cap gains with an 11.64% return, while Cenovus Energy, Inc. fell by 4.09%. In the mid-cap sector, Lumine Group, Inc. surged 11.56%, contrasting with Toromont Industries Ltd.'s 6.71% decline. Small caps also showed mixed results, with Madison Pacific Properties, Inc. up 7.16%. The overall market maintained a healthy advance-decline ratio of 1.29, with mid-caps particularly strong at 1.72, indicating robust investor interest.
S&P/TSX 60 Rises 0.69% as Shopify Soars 11.64% Amid Positive Market Trends
The Canadian equity market showed positive momentum today, with the S&P/TSX 60 index rising by 0.69%. Over the past five days, the index has gained 0.49%, and it has increased by 1.96% over the last month, indicating a steady upward trend.
In terms of individual performance, Shopify, Inc. emerged as the top performer in the Large Cap category, boasting a return of 11.64%. Conversely, Cenovus Energy, Inc. struggled, recording a decline of 4.09%. The Mid Cap sector saw Lumine Group, Inc. leading with a return of 11.56%, while Toromont Industries Ltd. faced challenges with a drop of 6.71%. Among Small Caps, Madison Pacific Properties, Inc. achieved a return of 7.16%, while Ensign Energy Services, Inc. lagged with an 8.86% decline. The overall advance-decline ratio across the market reflected a healthy balance, with 290 stocks advancing compared to 225 declining, resulting in a ratio of 1.29. Notably, the Mid Cap segment exhibited the strongest performance with a ratio of 1.72, highlighting robust investor interest in this category.

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