Canadian Financial Close: TSX rises with equities
By Commodity News Service Canada
WINNIPEG, January 26 – The Canadian dollar advanced against its US counterpart Tuesday. Equity markets and crude oil led the way higher.
The Canadian dollar closed at US$0.7105 or US$1 = C$1.4075.
The TSX posted substantial gains Tuesday as crude prices rebounded. The energy sector rose 4% to lead the charge. Bond markets fell lower.
The S&P/TSX Composite Index rose 188.16 points, or 1.55%, to 12,331.32.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.42 at $ 33.68
Agrium Incorporated———-dn $ 0.16 at $120.75
Buhler Industries————– $ 0.00 at $ 5.00
Maple Leaf Foods————-dn $ 0.25 at $ 22.35
Potash Corp. of Sask———up $ 0.06 at $ 21.22
(All figures are in Canadian dollars.)
