By Commodity News Service Canada
WINNIPEG, October 16 – The Canadian dollar fell against its
US counterpart to start the week.
Broad-based strength in the American greenback pressured
the loonie along with losses in gold and natural gas.
On the flip side, gains in crude oil prices helped limit
the losses.
The Canadian dollar ended Monday at US$0.7981 cents or
C$1.2529, compared to Friday’s North American close of
US$0.8018 or C$1.2472.
In Toronto, the S&P/TSX Composite Index edged down 4.47
points to 15,802.70.
The market was pressured by losses in gold miners. Advances
in the tech sector and some major utility companies helped
mitigate the losses.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.13 at $ 21.07
Agrium Incorporated———-up $ 1.42 at $136.17
Buhler Industries————– $ 0.01 at $ 0.60
Maple Leaf Foods————-up $ 0.05 at $ 33.29
Potash Corp. of Sask———up $ 0.16 at $ 24.31
(All figures are in Canadian dollars.)
