By Commodity News Service Canada
WINNIPEG, May 20 – The Canadian dollar ended lower against
its US counterpart on Friday, as declining commodity prices
offset positive economic data.
The Canadian dollar closed at US$0.7620 or US$1=C$1.3124,
which compares with Thursday’s close of US$0.7631, or
US$1=C$1.3105.
The Standard & Poor’s/TSX Composite Index finished higher
to end the week, as a rally in the equity market spurred
investor interest.
Blackberry led the advances for the energy sector. The
Canadian-based smartphone maker rose 1.8%
The S&P/TSX Composite index rose 102.26 points, or 0.74%,
to 13,919.58.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.56 at $ 36.91
Agrium Incorporated———-up $ 0.36 at $115.29
Buhler Industries————– $ 0.00 at $ 4.90
Maple Leaf Foods————-dn $ 0.43 at $ 29.45
Potash Corp. of Sask———dn $ 0.11 at $ 21.68
(All figures are in Canadian dollars.)
