By Commodity News Service Canada
WINNIPEG, August 3 (CNS) – The Canadian dollar rose against
its U.S. counterpart to end the week, after trade data came out
showing Canadian exports hit record levels in June. The
country’s monetary reserves also jumped, which was bullish for
the currency.
The loonie took strength from gains in gold and natural
gas. Losses in crude oil capped the upside.
The loonie finished at US$0.7702 or C$1.2983, compared to
Thursday’s North American close of US$0.7684 or C$1.3014.
The S&P/TSX Composite Index climbed 11.08 points, or 0.07%,
to 16,420.24.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.16 at $ 18.46
Buhler Industries————up $ 0.02 at $ 3.62
Maple Leaf Foods————-up $ 0.40 at $ 31.92
Nutrien Ltd.—————–up $ 0.85 at $ 75.17
Rocky Mountain Dealerships—dn $ 0.01 at $ 11.99
Linamar Corp—————–dn $ 0.16 at $ 57.90
Ritchie Bros. Auctioneers—-up $ 0.38 at $ 44.49
(All figures are in Canadian dollars.)
