By Commodity News Service Canada
Aug. 2 – The Canadian dollar remained mostly steady today, staying just below the 80 cents U.S. mark. On early trading, the loonie was at US$0.7957 (C$1.2568) and by day’s end it sat at US$0.7962 (C$1.256).
The Canadian dollar closed yesterday at US$0.7991, or C$1.2514.
In Toronto, the S&P/TSX index gained 63.53 points, or 0.42% to end the day at 15,265.63. The increase was attributed to gains in the energy sector, which gained one per cent, and financials, which picked up 0.5 per cent. Tech shares fell one per cent, limiting gains.
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WTI crude was at US$49.49 at 3:30 p.m. CDT, a decline of 33 cents U.S. or (0.67%). Brent crude settled up 1.1 per cent at US$52.36 on surging demand from the U.S.
The Dow Jones closed up 52.32 points (0.24%) at 22,016.24, the S&P 500 gained 1.22 points (0.05%) at 2,477.57 and the Nasdaq lost 0.29 of a point to close at 6,362.65.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.53 at $ 24.80
Agrium Incorporated———-up $ 0.51 at $125.19
Buhler Industries————up $ 0.01 at $ 4.16
Maple Leaf Foods————-up $ 0.05 at $ 34.35
Potash Corp. of Sask———up $ 0.14 at $ 22.35
(All figures are in Canadian dollars.)
