By Commodity News Service Canada
WINNIPEG, March 10 – The Canadian dollar closed half a cent lower against its US counterpart Thursday, as a meeting of major
oil producers around the world was abruptly cancelled. Investors are now keenly looking ahead to Friday’s release of Canadian
labour information, analysts said.
The Canadian dollar closed at US$0.7493 or US$1 = 1.3346 which compared with Wednesday’s close of US$0.7547 or US$1 = C$1.3250.
The Standard & Poor’s/TSX Composite Index declined as losses in crude oil weighed down the equity market. Strength in
gold offset some of the downside.
The S&P/TSX Composite Index fell 13.76 points, or 0.10%, to 13,379.14.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.23 at $ 38.23
Agrium Incorporated———-dn $ 0.30 at $116.92
Buhler Industries————– $ 0.00 at $ 4.95
Maple Leaf Foods————-up $ 0.31 at $ 26.51
Potash Corp. of Sask———up $ 0.58 at $ 25.11
(All figures are in Canadian dollars.)
