By Commodity News Service Canada
WINNIPEG, December 13 (CNS) – The Canadian dollar finished
slightly higher against its counterpart in choppy trading on
Wednesday, tracking gains in gold bullion and natural gas
prices.
The loonie was also propped up by the U.S. Federal
Reserve’s decision to raise the interest rate. There are ideas
Canada’s economy will benefit from rising economic conditions in
the U.S.
Losses in crude oil capped the upside.
The Canadian dollar settled on Wednesday at US$0.7781 cents
or C$1.2852, compared to Tuesday’s North American close of
US$0.7769 or C$1.2871.
In Toronto, the S&P/TSX Composite Index rose 22.56 points,
or 0.14%, to 16,136.59.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.05 at $ 20.44
Agrium Incorporated———-up $ 0.70 at $143.55
Buhler Industries————– $ 0.00 at $ 4.19
Maple Leaf Foods————-up $ 0.07 at $ 35.85
Potash Corp. of Sask———up $ 0.16 at $ 25.64
(All figures are in Canadian dollars.)
