By Commodity News Service Canada
WINNIPEG, April 25 – The Canadian dollar declined against
its US counterpart on Monday, consolidating as traders awaited
meetings of the US Federal Reserve and the Bank of Japan.
The Canadian dollar closed at US$0.7883 or US$1=C$1.2686,
which compares with Friday’s close of US$0.7892, or
US$1=C$1.2671.
The Standard & Poor’s/TSX Composite Index finished weaker
following losses in energy stocks and financial issues.
Pharmaceutical giant Valeant named Joseph Papa as its next
chairman but the move didn’t help the company’s beleaguered
stock which lost another 1.58%.
The S&P/TSX Composite Index dropped 78.01 points, or
0.056%, to 13,795.99.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.23 at $ 40.48
Agrium Incorporated———-up $ 0.50 at $109.62
Buhler Industries————– $ 0.00 at $ 4.80
Maple Leaf Foods————-up $ 0.01 at $ 26.53
Potash Corp. of Sask———dn $ 0.15 at $ 22.57
(All figures are in Canadian dollars.)
