By Commodity News Service Canada
WINNIPEG, March 31 – The Canadian dollar finished higher
against its US counterpart on Friday, taking strength from
higher prices for crude oil and gold.
The loonie received a boost this morning from new economic
data, which shows Canada’s Gross Domestic Product rose by 0.6%
in January.
The Canadian dollar closed at C$0.7519 or US$1=C$1.3299,
compared to Thursday’s close of C$0.7500 or US$1=C$1.3334.
The S&P/TSX Composite Index suffered modest losses to end
the week, following a few banking setbacks.
Royal Bank declined by 1% while the Bank of Nova Scotia
fell 1.1%.
On the other side of the market, Blackberry jumped 11.1%.
The index declined 31.01 points, or 0.2%, to 15,547.75.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 1.32 at $ 31.18
Agrium Incorporated———-dn $ 1.08 at $126.92
Buhler Industries————– $ 0.00 at $ 4.60
Maple Leaf Foods————-up $ 0.18 at $ 32.28
Potash Corp. of Sask———dn $ 0.22 at $ 22.72
(All figures are in Canadian dollars.)
