By Commodity News Service Canada
WINNIPEG, April 29 – The Canadian dollar eked out tiny
gains against its US counterpart on Friday, as new data showed
Canada’s economic output fell by a mark that was less than
expected in February.
The loonie also took strength from robust oil prices that
touched the US$46 per barrel mark.
The Canadian dollar closed at US$0.7969 or US$1=C$1.2548,
which compares with Thursday’s close of US$0.7969, or
US$1=C$1.2549.
The Standard & Poor’s/TSX Composite Index posted gains
Friday, taking strength from materials stocks and gold issues.
The S&P/TSX Composite Index rose 65.02 points, or 0.47%, to
13,951.45.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients——- $ 0.00 at $ 40.56
Agrium Incorporated———-dn $ 1.07 at $108.12
Buhler Industries————– $ 0.00 at $ 4.81
Maple Leaf Foods————-dn $ 0.40 at $ 25.98
Potash Corp. of Sask———up $ 0.03 at $ 22.20
(All figures are in Canadian dollars.)
