By Commodity News Service Canada
WINNIPEG, September 25 – The Canadian dollar lost ground
against its US counterpart on Monday, as tensions between the US
and North Korea prompted interest in the American greenback.
Remarks by the North Korean Foreign Minister that the US
had declared war on his country prompted investors to seek safe
havens.
Gains in crude oil, gold and natural gas helped limit the
losses.
The Canadian dollar ended Monday at US$0.8103 cents or
C$1.2341, compared to Friday’s North American close of
US$0.8119 or C$1.2317.
In Toronto, the S&P/TSX Composite Index rose by 62.00
points, or 0.40% to 15,516.23.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.40 at $ 24.26
Agrium Incorporated———-up $ 0.49 at $133.66
Buhler Industries————– $ 0.00 at $ 4.45
Maple Leaf Foods————-dn $ 0.53 at $ 33.52
Potash Corp. of Sask———up $ 0.10 at $ 23.89
(All figures are in Canadian dollars.)
