By Commodity News Service Canada
WINNIPEG, November 6 – The Canadian dollar strengthened on
Monday as oil rose in price.
Oil prices were up three per cent as the Saudi Arabia crown
prince cemented his power with an anti-corruption crackdown,
while the United States rig count fell and markets continued to
tighten.
The Canadian dollar settled on Monday at US$0.7846 cents or
C$1.2746, compared to Friday’s North American close of
US$0.7835 or C$1.2764.
In Toronto, the S&P/TSX Composite Index was up 72.04
points, or 0.45 per cent to 16,909.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 1.39 at $ 20.01
Agrium Incorporated———-dn $ 0.82 at $137.16
Buhler Industries————– $ 0.00 at $ 4.50
Maple Leaf Foods————-dn $ 0.42 at $ 33.18
Potash Corp. of Sask———dn $ 0.14 at $ 24.50
(All figures are in Canadian dollars.)
