By Commodity News Service Canada
WINNIPEG, November 23 – The Canadian dollar finished weaker
against its US counterpart on Wednesday, succumbing to a broad
rally in the US ahead of the Thanksgiving holiday.
The loonie is expected to remain muted for the rest of the
week amid thin trading.
The Canadian dollar closed at C$0.7410 or US$1.3496,
compared to Tuesday’s close of C$0.7433 or US$1=C$1.3453.
The S&P/TSX Composite Index finished lower on Wednesday
feeling the pinch of declines in the gold sector.
The materials sector led the downside with a 2.6% percent.
The index fell 19.47 points, or 0.1%, to close at
15,080.91.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.22 at $ 36.92
Agrium Incorporated———-dn $ 1.83 at $131.81
Buhler Industries————– $ 0.00 at $ 4.69
Maple Leaf Foods————-up $ 0.09 at $ 29.26
Potash Corp. of Sask———dn $ 0.34 at $ 23.73
(All figures are in Canadian dollars.)
