By Commodity News Service Canada
WINNIPEG, November 15 – The Canadian dollar rose against
its US counterpart on Tuesday. Today’s increase stopped five
straight losing sessions for the loonie.
The Canadian dollar closed at C$0.7437 or US$1.3447,
compared to Monday’s close of C$0.7380 or US$1=C$1.3551.
The S&P/TSX Composite Index finished at its highest point
since September on the back of surging oil prices.
Expectations that US President-elect Donald Trump will cut
taxes and bump up spending have given a boost to several
commodities.
The index jumped 157.77 points, or 1.08%, to close at
14,756.28.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.38 at $ 35.38
Agrium Incorporated———-dn $ 0.50 at $132.54
Buhler Industries————– $ 0.00 at $ 4.69
Maple Leaf Foods————-up $ 0.03 at $ 28.06
Potash Corp. of Sask———dn $ 0.12 at $ 23.75
(All figures are in Canadian dollars.)
