Toronto Stocks Rise Amid Mixed Performance, Cineplex Surges on Q2 Box Office Gains

Toronto stocks rose 0.4% to 27,077.83, with gains in consumer discretionary, transportation, and manufacturing sectors offsetting losses in energy, tech services, and process industries. Cineplex shares increased 2.1% to $11.45 CAD after reporting stronger 2Q revenue due to popular movies. Orla Mining's shares fell 0.1% to $14.61 CAD despite boosting total gold production.

The Toronto Stock Exchange (TSX) closed at 27,077.83 on July 2, 2025, marking a 0.4% increase from the previous day. The rise was driven by gains in consumer discretionary, transportation, and manufacturing sectors, which offset losses in energy, tech services, and process industries.

Cineplex Inc. (TSX: CGX) shares climbed 2.1% to $11.45 CAD after the company reported a robust 38% year-over-year increase in second-quarter (Q2) box office revenue, reaching $158.5 million. This performance was supported by sustained monthly box office receipts exceeding $50 million in April, May, and June, a milestone not seen since 2019. High-profile releases such as the live-action adaptation of "How to Train Your Dragon" and "F1: The Movie" contributed to the strong quarterly performance [2].

Orla Mining Ltd. (TSX: OLA) experienced a 0.1% decline in shares to $14.61 CAD despite reporting an increase in total gold production. The company remains on track to achieve annual consolidated production guidance of 280,000 to 300,000 ounces of gold. During the second quarter, Orla Mining's Camino Rojo and Musselwhite operations mined and processed a significant amount of ore, contributing to the company's overall production goals [3].

The S&P/TSX Composite index (CAD) closed at 24,727.94 points at the end of 2024, indicating a year-over-year increase. The index measures the performance of stocks on the Toronto Stock Exchange, one of the largest stock exchanges globally. The largest companies in terms of market capitalization in Canada in 2024 were the Royal Bank of Canada and Toronto Dominion Bank, with a total market capitalization of listed domestic companies equaling $2.74 trillion USD in 2022 [1].

References:
[1] https://www.statista.com/statistics/410318/annual-sandp-tsx-composite-index-performance/
[2] https://ca.finance.yahoo.com/news/cineplex-stock-rises-q2-box-151401483.html
[3] https://finance.yahoo.com/news/orla-mining-achieves-record-quarterly-100000703.html