Canadian Financial Close: TSX rises with financials

Posted

By Commodity News Service Canada


WINNIPEG, February 15 – The Canadian dollar finished

relatively unchanged against its US counterpart on Wednesday, as

traders continued to show caution in the face of strong US

economic data and ongoing speculation over potential adjustments

to North American interest rates.

Losses in crude oil were offset by advances in gold

bullion.

The Canadian dollar closed at C$0.7648 or US$1=C$1.3075,

compared to Tuesday’s close of C$0.7651 or US$1=C$1.3071.

The S&P/TSX Composite Index advanced on Wednesday, as

broad-based investor optimism lifted health-care and financials.

Gains in natural gas and copper added to the upside.

The index rose 58.92 points or 0.37% to 15,844.95.

Canada’s agricultural sector performed as follows:


AGT Food and Ingredients——- $ 0.00 at $ 35.05

Agrium Incorporated———-dn $ 2.54 at $137.56

Buhler Industries————– $ 0.00 at $ 4.90

Maple Leaf Foods————-up $ 0.01 at $ 30.49

Potash Corp. of Sask———dn $ 0.43 at $ 24.76


(All figures are in Canadian dollars.)