By Commodity News Service Canada
WINNIPEG, September 30 – The Canadian dollar rebounded
against its US counterpart on Friday, taking strength from
robust domestic data.
Canada’s GRP grew by 0.5% in July, which topped the
expectations of most analysts.
The Canadian dollar closed at C$0.7624 or US$1.3117,
compared to Thursday’s close of C$0.7605 or US$1=C$1.3149.
The S&P/TSX Composite Index suffered modest losses though
as companies rebalanced portfolios in month-end trading.
Bombardier was one of the few bright spots, rising 7.1%.
The index rose 28.57 points, or 0.19%, to close at
14,725.98.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.50 at $ 37.47
Agrium Incorporated———-dn $ 0.40 at $118.85
Buhler Industries————– $ 0.00 at $ 4.40
Maple Leaf Foods————-dn $ 0.05 at $ 30.11
Potash Corp. of Sask———up $ 0.01 at $ 21.35
(All figures are in Canadian dollars.)
