By Commodity News Service Canada
WINNIPEG, July 17 (CNS) – The Canadian dollar posted losses
against its U.S. counterpart on Tuesday. The loonie was dragged
down by losses in crude oil, natural gas and precious metals.
Uncertainty in global markets also kept some traders on the
sidelines.
The loonie finished at US$0.7583 or C$1.3187, compared to
Monday’s North American close of US$0.7612 or C$1.3137.
The S&P/TSX Composite Index rose 24.51 points, or 0.15%, to
16,519.24.
A recent takeover bid of Nevsun Resources sent the
company’s stock surging today. Shares gained 13 per cent after
the company rejected the offer from Lundin Mining.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.16 at $ 14.92
Buhler Industries————– $ 0.00 at $ 3.63
Maple Leaf Foods————-up $ 0.22 at $ 34.43
Nutrien Ltd.—————–up $ 0.25 at $ 69.56
(All figures are in Canadian dollars.)
