By Commodity News Service Canada
WINNIPEG, October 12 – The Canadian dollar was little
changed against its American counterpart Wednesday, as investors
mulled over the release of minutes from the latest meeting of
the Federal Reserve’s Open Markets Committee. Reports indicate
the data showed the decision not to raise interest rates was a
close call.
Gains in gold helped prop up the loonie.
The Canadian dollar closed at C$0.7542 or US$1.3259,
compared to Tuesday’s close of C$0.7552 or US$1=C$1.3241.
The S&P/TSX Composite Index finished higher on Wednesday,
tracking gains in mining, health-care and consumer-staples.
The health-care sector led the market’s major groups
climbing 3.8%. ProMetic Life Sciences rose 10.5% on the day.
The index rose 69.37 points, or 0.5%, to close at
14,618.97.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.73 at $ 38.89
Agrium Incorporated———-dn $ 0.35 at $118.06
Buhler Industries————– $ 0.00 at $ 4.40
Maple Leaf Foods————-up $ 0.82 at $ 30.93
Potash Corp. of Sask———dn $ 0.17 at $ 21.39
(All figures are in Canadian dollars.)
