Shares of Canadian Pacific Railway Ltd.
rose 2.18% to C$88.58 Thursday, in what proved to be an all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index
rising 0.98% to 20,819.94. This was the stock's second consecutive day of gains. Canadian Pacific Railway Ltd. closed C$11.42 short of its 52-week high (C$100.00), which the company reached on June 2nd. Trading volume of 1.6 M shares remained below its 50-day average volume of 1.7 M.