By Commodity News Service Canada
WINNIPEG, February 12 – The Canadian dollar ended higher against its US counterpart Friday as gains in oil propped up the loonie.
The Canadian dollar closed at US$0.7214 or US$1 = C$1.3861.
The Standard & Poor’s/TSX Composite Index broke its five-day losing skid as energy stocks and financials recovered strongly. All 10 of the market’s major sectors chalked up gains as equities staged rallies around the world.
The S&P/TSX Composite Index advanced 293.87 points, or 2.43%, to 12,381.24.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.83 at $ 35.52
Agrium Incorporated———-up $ 0.21 at $114.37
Buhler Industries————– $ 0.00 at $ 5.03
Maple Leaf Foods————-dn $ 0.16 at $ 22.62
Potash Corp. of Sask———dn $ 0.45 at $ 21.37
(All figures are in Canadian dollars.)
