By Commodity News Service Canada
WINNIPEG, April 23 (CNS) – The Canadian dollar finished
lower against its U.S. counterpart to start the week. The loonie
settled at US$0.7792 cents or C$1.2833, compared to Friday’s
North American close of US$0.7857 or C$1.2728.
Weakness in gold bullion weighed on the market. Broad-based
strength in the American greenback also dragged down the loonie.
However, gains in crude oil and natural gas helped mitigate
the losses.
The S&P/TSX Composite Index rose 67.74 points, or 0.44%, to
15,552.06. The market was bolstered by gains in energy stocks
while declines in metals and mining tempered the upside.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.03 at $ 16.43
Buhler Industries————– $ 0.10 at $ 4.10
Maple Leaf Foods————-up $ 0.08 at $ 30.67
Nutrien Ltd.—————–dn $ 0.52 at $ 59.11
(All figures are in Canadian dollars.)
