By Commodity News Service Canada
WINNIPEG, October 13 – The Canadian dollar finished higher
relative to its US counterpart on Thursday, tracking gains in
crude oil and gold issues.
The Canadian dollar closed at C$0.7573 or US$1.3205,
compared to Wednesday’s close of C$0.7542 or US$1=C$1.3259.
The S&P/TSX Composite Index posted modest gains on
Thursday, enjoying support from stronger energy and financial
stocks.
Weak economic data from China continued to be a concern,
but was offset by gains in metals and the oil patch.
Speculation stronger regulation could be coming to American
banks following the US election worried some investors,
according to a report.
The index climbed 24.74 points, or 0.2%, to close at
14,643.71.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.44 at $ 38.45
Agrium Incorporated———-dn $ 0.13 at $117.93
Buhler Industries————– $ 0.00 at $ 4.40
Maple Leaf Foods————-dn $ 0.17 at $ 30.76
Potash Corp. of Sask———dn $ 0.02 at $ 21.20
(All figures are in Canadian dollars.)
