By Commodity News Service Canada
WINNIPEG, April 6 – The Canadian dollar finished slightly
higher against its US counterpart on Thursday, taking strength
from higher oil prices.
Traders were positioning themselves ahead of the release of
North American labor data, according to a report.
The Canadian dollar closed at C$0.7453 or US$1=C$1.3418,
compared to Wednesday’s close of C$0.7448 or US$1=C$1.3427.
The S&P/TSX Composite Index firmed on Thursday, elevated by
higher oil, gold and natural gas prices.
Toronto’s energy group paced the market with a gain of
0.5%.
Canadian banks also finished in the black as the heavily-
weighted financial-services sector rose 0.3%.
The index rose 54.19 points, or 0.4%, to 15,697.18.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.42 at $ 29.06
Agrium Incorporated———-dn $ 0.20 at $126.02
Buhler Industries————– $ 0.00 at $ 4.60
Maple Leaf Foods————-dn $ 0.09 at $ 32.09
Potash Corp. of Sask———dn $ 0.04 at $ 22.59
(All figures are in Canadian dollars.)
