Canadian Financial Close: TSX falls with banking, oil


By Commodity News Service Canada

WINNIPEG, March 20 – The Canadian dollar was relatively

unchanged against its US counterpart on Monday, as traders

waited for the release of retail sales figures and other

government data later this week.

The Canadian dollar closed at C$0.7488 or US$1=C$1.3354,

compared to Friday’s close of C$0.7498 or US$1=C$1.3337.

The S&P/TSX Composite Index declined on Monday due to

losses in the banking sector and a decline in crude oil prices.

Toronto-Dominion Bank dipped by 0.8% while Bank of Montreal

was 1% lower.

The index fell 48.17 points, or 0.3%, to 15,442.32.

Canada’s agricultural sector performed as follows:

AGT Food and Ingredients—–dn $ 0.19 at $ 31.64

Agrium Incorporated———-dn $ 1.43 at $127.91

Buhler Industries————– $ 0.00 at $ 4.55

Maple Leaf Foods————-up $ 0.06 at $ 31.52

Potash Corp. of Sask———dn $ 0.11 at $ 22.99

(All figures are in Canadian dollars.)