TORONTO - Canadian Milos Raonic, one of the major stories of the Australian Open, has rocketed 58 places to No. 94 in the ATP rankings released Monday.

The 20-year-old from Thornhill, Ont., made it to the fourth round in Melbourne before losing 4-6, 6-2, 6-3, 6-4 to seventh-seeded David Ferrer of Spain.

The six-foot-five Canadian with the booming serve downed Bjorn Phau in the first round, surprised No. 22 Michael Llodra in the second round and stunned No. 10 Mikhail Youzhny in the third round.

The top five remained the same in the rankings with Rafael Nadal at No. 1 followed by Roger Federer, Australian Open winner Novak Djokovic, Robin Soderling, and Aussie runner-up Andy Murray.

Ferrer improved one spot to No. 6.

In other Canadian tennis news, Vancouver's Rebecca Marino cracked the WTA's top 100, jumping 20 places to No. 84.