By Commodity News Service Canada
WINNIPEG, August 24 – The Canadian dollar ticked lower
against its US counterpart Wednesday in light range-bound trade.
The Canadian dollar closed at US$0.7734 or US$1=C$1.2930,
which compares with Tuesday’s close of US$0.7746, or
US$1=C$1.2910.
The S&P/TSX Composite Index dropped as mining and energy
companies posted losses on the day. Oil prices fell after new
data showed an increase in US crude supplies. Losses in gold
also weighed down the market.
The index fell 138.53 points, or 0.94%, to close at
14,626.24.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.63 at $ 36.16
Agrium Incorporated———-dn $ 0.65 at $118.24
Buhler Industries————– $ 0.00 at $ 4.76
Maple Leaf Foods————-dn $ 0.22 at $ 28.99
Potash Corp. of Sask———dn $ 0.16 at $ 21.47
(All figures are in Canadian dollars.)
