By Commodity News Service Canada
WINNIPEG, December 9 – The Canadian dollar posted minor gains relative to its US counterpart on Wednesday, as investors reduced positions in the US currency.
The Canadian dollar closed at US$0.7372 or US$1 = C$1.3564.
The TSX finished higher Wednesday after two straight days of large losses. Materials and energy stocks led the way forward.
The S&P/TSX Composite Index rose 15.12 points, or 0.12%, to 12,937.47.
Canada’s agricultural sector faired as follows:
AGT Food and Ingredients—–dn $ 0.08 at $ 31.45
Agrium Incorporated———-up $ 0.15 at $130.72
Buhler Industries————– $ 0.00 at $ 5.55
Maple Leaf Foods————-dn $ 0.41 at $ 21.63
Potash Corp. of Sask———up $ 0.09 at $ 24.35
(All figures are in Canadian dollars.)
