By Commodity News Service Canada
WINNIPEG, October 19 – The Canadian dollar finished lower
against its US counterpart on Wednesday. The loonie faltered in
the wake of the Bank of Canada’s decision to keep interest rates
steady.
The Canadian dollar closed at C$0.7618 or US$1.3127,
compared to Tuesday’s close of C$0.7623 or US$1=C$1.3119.
The S&P/TSX Composite Index finished higher Wednesday, as a
jump in energy and mining stocks pointed the way higher.
Higher gold prices and an uptick in crude oil bolstered
several sectors.
Canadian Pacific Railway was down nearly 2% after third-
quarter revenues decreased nine per cent to C$1.55 billion from
C$1.71 billion.
The index rose 88.24 points, or 0.6%, to close at
14,840.49.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.01 at $ 39.00
Agrium Incorporated———-up $ 1.36 at $119.39
Buhler Industries————– $ 0.00 at $ 4.45
Maple Leaf Foods————-dn $ 0.53 at $ 30.73
Potash Corp. of Sask———up $ 0.25 at $ 21.37
(All figures are in Canadian dollars.)
