Canadian Financial Close: Loonie rises with crude oil, gold

Posted

By Commodity News Service Canada


WINNIPEG, August 11 – The Canadian dollar finished higher

against its US counterpart on Friday, pushed higher by advances

in crude oil, natural gas and copper.

The gold market also finished stronger as investors rallied

to safe havens amid tensions between the US and North Korea.

The Canadian dollar ended Friday at US$0.7883 cents or

C$1.2685, compared to Thursday’s close of US$0.7867 or C$1.2711.

In Toronto, the S&P/TSX Composite Index lost 40.87 points,

or 0.27%, to 15,033.38.


Canada’s agricultural sector performed as follows:


AGT Food and Ingredients—–dn $ 0.34 at $ 23.71

Agrium Incorporated———-dn $ 0.72 at $124.67

Buhler Industries————– $ 0.00 at $ 4.16

Maple Leaf Foods————-up $ 0.26 at $ 34.26

Potash Corp. of Sask———– $ 0.00 at $ 22.23


(All figures are in Canadian dollars.)