By Commodity News Service Canada
WINNIPEG, August 12 – The Canadian dollar rose against its
US counterpart on Friday, taking strength from higher oil price
and retail sales data.
The Canadian dollar closed at US$0.7715 or US$1=C$1.2962,
which compares with Thursday’s close of US$0.7704, or
US$1=C$1.2962.
The S&P/TSX Composite Index fell on the day.
Losses in mining groups and health-care companies signalled
the retreat early on.
The index ended 48.61 points lower, or 0.33%, to close at
14,747.45.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 1.18 at $ 36.54
Agrium Incorporated———-dn $ 2.54 at $117.51
Buhler Industries————– $ 0.00 at $ 4.77
Maple Leaf Foods————-dn $ 0.04 at $ 29.01
Potash Corp. of Sask———dn $ 0.45 at $ 21.02
(All figures are in Canadian dollars.)
