By Commodity News Service Canada
WINNIPEG, July 28 – The Canadian dollar strengthened
slightly against its US counterpart. Traders were adjusting
positions in advance of Friday’s Canadian GDP report.
The Canadian dollar closed at US$0.7598 or US$1=C$1.3161,
which compares with Wednesday’s close of US$0.7581, or
US$1=C$1.3191.
The S&P/TSX Composite Index firmed on Thursday as bullish
corporate earnings data, particularly in the metals sector,
bolstered action in equities.
The gains were tempered by losses in crude oil. Both
Cenovus and Suncor Energy suffered slight losses on the day.
The index gained 5.10 points, or 0.04%, to close at
14,551.64.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.01 at $ 32.23
Agrium Incorporated———-dn $ 1.45 at $120.27
Buhler Industries————dn $ 0.48 at $ 4.77
Maple Leaf Foods————-up $ 1.21 at $ 30.45
Potash Corp. of Sask———dn $ 1.62 at $ 20.95
(All figures are in Canadian dollars.)
