By Commodity News Service Canada
WINNIPEG, October 30 – The Canadian dollar posted modest
gains against its US counterpart on Monday. The loonie took
strength from advances in crude oil prices, natural gas and gold
bullion.
Investors are now waiting for a meeting of the U.S. Federal
Reserve later this week, where the subject of interest rates
will be front and centre.
The Canadian dollar settled on Monday at US$0.7790 cents or
C$1.2837, compared to Friday’s North American close of
US$0.7768 or C$1.2874.
In Toronto, the S&P/TSX Composite Index rose 49.27 points,
or 0.31% to 16,002.78.
Advances in health care and the energy patch helped the TSX
reach an all-time high.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.70 at $ 23.74
Agrium Incorporated———-up $ 1.28 at $138.89
Buhler Industries————dn $ 0.05 at $ 4.40
Maple Leaf Foods————-up $ 0.24 at $ 33.41
Potash Corp. of Sask———up $ 0.25 at $ 24.77
(All figures are in Canadian dollars.)
