By Commodity News Service Canada
WINNIPEG, December 12 – The Canadian dollar advanced
against its US counterpart on Monday, as higher oil prices
lifted the commodity-linked currency.
Some markets were also short-covering the loonie, a report
said.
The Canadian dollar closed at C$0.7614 or US$1.3134,
compared to Friday’s close of C$0.7587 or US$1=C$1.3180.
The S&P/TSX Composite Index declined on Monday, as losses
in industrial stocks and the health-care sector pointed the way
lower.
Valeant dropped 5.2% on the day which led the health-care
group to a 1% loss.
The index dropped 24.50 points or 0.2% to 15,287.70.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.19 at $ 35.85
Agrium Incorporated———-dn $ 3.93 at $140.20
Buhler Industries————– $ 0.00 at $ 4.75
Maple Leaf Foods————-dn $ 0.04 at $ 28.20
Potash Corp. of Sask———dn $ 0.66 at $ 25.38
(All figures are in Canadian dollars.)
