By Commodity News Service Canada
WINNIPEG, December 22 – The Canadian dollar finished half a
cent lower against its US counterpart Thursday, tracking losses
in crude oil.
However, the loonie took some strength from Canadian retail
sales figures that showed sales increased 1.1% in October.
The Canadian dollar closed at C$0.7409 or US$1.3497,
compared to Wednesday’s close of C$0.7459 or US$1=C$1.3407.
The S&P/TSX Composite Index advanced on Thursday, as gains
in energy and mining pointed the way higher.
Thin volumes may have exaggerated the gains as many traders
prepared for the Christmas break.
The index rose 29.34 points or 0.19% to 15,335.23.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.37 at $ 35.87
Agrium Incorporated———-up $ 2.01 at $135.85
Buhler Industries————up $ 0.05 at $ 4.80
Maple Leaf Foods————-dn $ 0.06 at $ 27.89
Potash Corp. of Sask———up $ 0.36 at $ 24.48
(All figures are in Canadian dollars.)
