Canadian Financial Close: Loonie ticks higher in narrow trading

By Commodity News Service Canada

WINNIPEG, June 5 – The Canadian dollar finished slightly
higher against its US counterpart to start the week.
Advances in gold, silver and platinum helped prop up the
loonie on a quiet-trading day.
According to Canada’s Finance Department, the country’s
international reserves increased C$879 million in May.
The loonie chopped around in a small 50-point range.
The Canadian dollar closed at US$0.7417 or C$1.3483,
compared to Friday’s close of US$0.7405 or C$1.3504.
The S&P/TSX Composite Index dipped on Monday, led by losses
in crude oil prices. The health-care sector dropped 1.3%.
The index fell 32.97 points, or 0.21%, to 15,409.78.
Canada’s agricultural sector performed as follows:

AGT Food and Ingredients—–dn $ 0.46 at $ 25.95
Agrium Incorporated———-dn $ 0.65 at $123.29
Buhler Industries————– $ 0.00 at $ 4.31
Maple Leaf Foods————-dn $ 0.21 at $ 34.89
Potash Corp. of Sask———dn $ 0.13 at $ 22.03

(All figures are in Canadian dollars.)

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