By Commodity News Service Canada
WINNIPEG, Dec. 18 – The Canadian dollar fell slightly at
close Monday despite gains in the stock market.
Oil prices rose Monday, supported by a North Sea pipeline
outage and a workers’ strike in the Nigerian energy industry.
Brent crude futures were up 27 cents at US$63.50 per barrel.
Brent had traded as high as US$63.91 earlier Monday but fell
back down after Ineos, the operator of the North Sea Forties
pipeline, said the crack that shut it down had not spread.
The Canadian dollar settled Monday at US$0.7773 or
C$1.2865, compared to Friday’s North America close of US$0.7792
or C$1.2834.
In Toronto, the S&P/TSX Composite Index rose 92.67 points,
or 0.58 per cent, to close at 16,134.65.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.11 at $ 20.13
Agrium Incorporated———-dn $ 0.72 at $141.02
Buhler Industries————unchanged at $ 4.21
Maple Leaf Foods————-up $ 0.37 at $ 36.94
Potash Corp. of Sask———dn $ 0.12 at $ 25.20
(All figures are in Canadian dollars.)
