By Commodity News Service Canada
WINNIPEG, April 10 – The Canadian dollar eked out a small
gain against its US counterpart on Monday, taking strength from
gains in crude oil.
Investors are now waiting to see quarterly earnings reports
from a number of major Canadian companies including Shaw
Communications, Dominion Diamond and Torex Gold Resources. Those
reports are expected to come out later this week.
The Canadian dollar closed at C$0.7501 or US$1=C$1.3332,
compared to Friday’s close of C$0.7457 or US$1=C$1.3410.
The S&P/TSX Composite Index posted modest gains, following
gains in the energy sector.
Losses in gold, copper and natural gas held the gains in
check.
Copper producers fell en masse, which caused the materials
group to decline by 0.5%.
The index rose 63.66 points, or 0.41%, to 15,730.79.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.07 at $ 29.12
Agrium Incorporated———-dn $ 0.68 at $125.13
Buhler Industries————– $ 0.00 at $ 4.60
Maple Leaf Foods————-up $ 0.17 at $ 32.17
Potash Corp. of Sask———dn $ 0.09 at $ 22.47
(All figures are in Canadian dollars.)
