By Commodity News Service Canada
WINNIPEG, June 20 – The Canadian dollar rose against its
American counterpart Monday after recent polls suggested Britain
would choose to stay within the European Union.
The loonie also tracked gains in oil.
The Canadian dollar closed at US$0.7807 or US$1=C$1.2809,
which compares with Friday’s close of US$0.7765, or
US$1=C$1.2878.
The Standard & Poor’s/TSX Composite Index climbed 113.37
points, or 0.82%, to 14,015.14 on Monday, as Toronto’s stock
index benefited from bullish investor sentiment.
Toronto’s materials sector chalked up gains even as gold
prices fell.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.81 at $ 34.95
Agrium Incorporated———-up $ 0.79 at $121.63
Buhler Industries————– $ 0.00 at $ 4.91
Maple Leaf Foods————-up $ 0.31 at $ 27.78
Potash Corp. of Sask———dn $ 0.19 at $ 21.63
(All figures are in Canadian dollars.)