By Commodity News Service Canada
WINNIPEG, December 9 – The Canadian dollar posted minor
gains compared to its US counterpart on Friday. Trading was
locked in a narrow range as investors mostly waited on the
sidelines for fresh economic data.
Gains in crude oil were offset by losses in gold.
The Canadian dollar closed at C$0.7587 or US$1.3180,
compared to Thursday’s close of C$0.7581 or US$1=C$1.3191.
The S&P/TSX Composite Index finished higher on Friday, as
gains in energy and banking pointed the way upwards. Cenovus
advanced 1.0% while Bank of Montreal gained 1.4%.
The index rose 17.00 points or 0.1% to 15,312.20.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.66 at $ 35.66
Agrium Incorporated———-up $ 3.46 at $144.13
Buhler Industries————up $ 0.05 at $ 4.75
Maple Leaf Foods————-dn $ 0.13 at $ 28.24
Potash Corp. of Sask———up $ 0.62 at $ 26.04
(All figures are in Canadian dollars.)
