Canadian Company Close Updates

Canadian Pacific Railway Ltd. stock rises Thursday, outperforms market

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Terrence Horan

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Shares of Canadian Pacific Railway Ltd. CP, +1.53% 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 GSPTSE, +0.02% 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.

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