By Commodity News Service Canada
WINNIPEG, Sept. 12 (CNS) – The Canadian dollar posted
strong gains relative to its American counterpart on Wednesday,
buoyed by optimism Canada and the United States were getting
close to a deal on the North American Free trade Agreement.
Gains in crude oil prices and gold bullion added to the
upside.
The loonie finished at US$0.7684 or C$1.3014, compared to
Tuesday’s North American close of US$0.7610 or C$1.3141.
The S&P/TSX Composite Index fell 45.23 points, or 0.28%, to
16,049.02. The market was weighed down by losses in minerals and
the health technology sector.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.09 at $ 18.21
Buhler Industries————– $ 0.00 at $ 3.60
Maple Leaf Foods————-up $ 0.64 at $ 32.12
Nutrien Ltd.—————–dn $ 0.22 at $ 73.15
Rocky Mountain Dealerships—dn $ 0.07 at $ 10.47
Linamar Corp—————–up $ 3.19 at $ 58.44
Ritchie Bros. Auctioneers—-dn $ 0.24 at $ 49.23
(All figures are in Canadian dollars.)
