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Canadian Financial Close: TSX dips with financials

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Published: April 11, 2017

By Commodity News Service Canada

WINNIPEG, April 11 – The Canadian dollar was unchanged
against its US counterpart on Tuesday, as losses in natural gas
offset advances in crude oil.
Trading was rangebound and light, as investors waited for a
key Bank of Canada meeting on Wednesday where the issue of
interest rates will be addressed.
The Canadian dollar closed at C$0.7501 or US$1=C$1.3332,
compared to Monday’s close of C$0.7501 or US$1=C$1.3222.
The S&P/TSX Composite Index suffered slight losses on
Tuesday, tracking weakness in financials.
Bombardier was one of the few bright spots on the day
rising 6.8%.
The index dipped 3.68 points, or 0.02%, to 15,727.11.
Canada’s agricultural sector performed as follows:

AGT Food and Ingredients—–up $ 0.32 at $ 29.44
Agrium Incorporated———-dn $ 0.13 at $125.00
Buhler Industries————– $ 0.04 at $ 4.64
Maple Leaf Foods————-dn $ 0.22 at $ 31.95
Potash Corp. of Sask———up $ 0.02 at $ 22.49

(All figures are in Canadian dollars.)

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