By Commodity News Service Canada
WINNIPEG, June 28 – The Canadian dollar finished higher
against its American counterpart Tuesday, as global markets
began to stabilize following Britain’s vote to exit the European
Union.
Gains in crude oil were supportive.
The Canadian dollar closed at US$0.7672 or US$1=C$1.3035,
which compares with Monday’s close of US$0.7649, or
US$1=C$1.3073.
The Standard & Poor’s/TSX Composite Index chalked up gains
Tuesday, rising 152.90 points, or 1.10%, to 13,842.69.
Energy companies in Canada finished mostly higher, as a
production strike in Norway and weaker US dollar encouraged
buyers.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.81 at $ 34.32
Agrium Incorporated———-dn $ 0.35 at $115.54
Buhler Industries————– $ 0.00 at $ 4.90
Maple Leaf Foods————-up $ 0.87 at $ 27.74
Potash Corp. of Sask———up $ 0.06 at $ 20.72
(All figures are in Canadian dollars.)
