By Commodity News Service Canada
WINNIPEG, Jan. 23 – The Canadian dollar was slightly higher
at close Tuesday, as increases in the price of oil and stock
market supported it.
The Canadian dollar settled Tuesday at US$0.8030 or
C$1.2454, compared to Monday’s North American close of US$0.8027
or C$1.2458.
Oil rose above US$70 per barrel for the first time in a
week before settling just below. Healthy world economic growth
prospects helped to boost oil. Brent crude futures rose 93 cents
to US$69.96 per barrel.
In Toronto, the TSX/S&P Composite Index closed slightly
higher Tuesday, led by gains for technology and energy shares
but offset by declines in healthcare and telecommunication
companies. The TSX/S&P rose 9.57 points, or 0.06 per cent, to
16,357.55.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.44 at $ 22.00
Buhler Industries————unchanged at $ 4.33
Maple Leaf Foods————-up $ 0.33 at $ 35.50
Nutrien Ltd.—————–up $ 0.67 at $ 66.70
(All figures are in Canadian dollars.)
