By Commodity News Service Canada
WINNIPEG, March 20 – The Canadian dollar relatively
unchanged Tuesday, taking support from gains in the price of oil
and stock market.
The Canadian dollar settled Tuesday at US$0.7647 or
C$1.3077, compared to Monday’s North American close of US$0.7646
or C$1.3079.
Oil prices climbed to their highest level in three weeks on
Tuesday as tension in the Middle East and the possibility of
further falls in Venezuelan output helped offset the impact of
growing U.S. crude production. Brent crude gained US$1.37 per
barrel to settle at US$67.42 per barrel.
In Toronto, the TSX/S&P Composite rose Tuesday, supported
by higher oil prices, while financial and technology shares also
gained ground. The TSX/S&P rose 26.96 points, or 0.17 per cent,
to 15,616.36.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.34 at $ 16.54
Buhler Industries————unchanged at $ 4.11
Maple Leaf Foods————-up $ 0.23 at $ 31.84
Nutrien Ltd.—————–dn $ 1.06 at $ 62.60
(All figures are in Canadian dollars.)
