Your Reading List

Canadian Financial Close: Loonie idles as traders show caution

Reading Time: < 1 minute

Published: April 7, 2017

By Commodity News Service Canada

WINNIPEG, April 7 – The Canadian dollar finished relatively
unchanged against its US counterpart on Friday, as investors
fled to safe assets in the wake of a US missile strike on Syria.
The loonie took strength from a domestic jobs report that
showed Canada gained 19,000 jobs in March.
The Canadian dollar closed at C$0.7457 or US$1=C$1.3410,
compared to Thursday’s close of C$0.7453 or US$1=C$1.3418.
The S&P/TSX Composite Index finished lower to end the week,
tracking losses in energy and the mining sector.
Toronto’s energy group fell by 0.7%.
Copper producers fell en masse, which caused the materials
group to decline by 0.5%.
The index fell 30.05 points, or 0.2%, to 15,667.13.
Canada’s agricultural sector performed as follows:

AGT Food and Ingredients—–dn $ 0.01 at $ 29.05
Agrium Incorporated———-dn $ 0.21 at $125.81
Buhler Industries————– $ 0.00 at $ 4.60
Maple Leaf Foods————-dn $ 0.09 at $ 32.00
Potash Corp. of Sask———dn $ 0.03 at $ 22.56

(All figures are in Canadian dollars.)

About the author

GFM Network News

GFM Network News

Glacier FarmMedia Feed

Glacier FarmMedia, a division of Glacier Media, is Canada's largest publisher of agricultural news in print and online.

explore

Stories from our other publications