By Commodity News Service Canada
WINNIPEG, July 16 (CNS) – The Canadian dollar climbed
higher against its U.S. counterpart on Monday. The loonie was
boosted by speculative buying in the wake of last week’s
interest rate hike.
Gains in natural gas were offset by losses in crude oil and
gold issues.
The loonie finished at US$0.7612 or C$1.3137, compared to
Friday’s North American close of US$0.7592 or C$1.3171.
The S&P/TSX Composite Index fell 66.39 points, or 0.40%, to
16,494.73. Losses in energy companies pointed the way lower.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.03 at $ 14.76
Buhler Industries————– $ 0.00 at $ 3.63
Maple Leaf Foods————-up $ 0.22 at $ 34.21
Nutrien Ltd.—————–dn $ 0.53 at $ 69.30
(All figures are in Canadian dollars.)
