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Canadian Financial Close: TSX dips with energy

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Published: June 2, 2017

By Commodity News Service Canada

WINNIPEG, June 2 – The Canadian dollar finished relatively
unchanged against its US counterpart on Friday, as gains in gold
were offset by losses in crude oil.
The loonie received some support on the day as first-
quarter data showed Canada’s labor productivity rose 1.4%.
The Canadian dollar closed at US$0.7405 or C$1.3504,
compared to Thursday’s close of US$0.7407 or C$1.3500.
The S&P/TSX Composite Index suffered losses to end the
week, led by weakness in the energy sector.
Cenovus Energy fell 5.3% on the day.
The index dipped 27.16 points, or 0.18%, to 15,442.75.
Canada’s agricultural sector performed as follows:

AGT Food and Ingredients—–up $ 0.06 at $ 26.41
Agrium Incorporated———-dn $ 0.55 at $123.94
Buhler Industries————dn $ 0.09 at $ 4.31
Maple Leaf Foods————-up $ 0.23 at $ 35.10
Potash Corp. of Sask———dn $ 0.12 at $ 22.16

(All figures are in Canadian dollars.)

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