By Commodity News Service Canada
WINNIPEG, July 6 – The Canadian dollar finished higher
against its American counterpart on Wednesday, taking strength
from higher oil prices.
Canada’s international merchandise trade deficit in May was
pegged at C$3.28 billion, which is more than more economists had
expected.
The Canadian dollar closed at US$0.7717 or US$1=C$1.2959,
which compares with Tuesday’s close of US$0.7742, or
US$1=C$1.2917.
The TSX inched upwards as some investors took on risk-based
assets despite the gloomy sentiment in the global market.
The S&P/TSX Composite Index climbed 11.49 points, or 0.08%,
to close at 14,231.06.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.04 at $ 34.29
Agrium Incorporated———-up $ 0.03 at $115.38
Buhler Industries————dn $ 0.10 at $ 4.75
Maple Leaf Foods————-up $ 0.41 at $ 27.98
Potash Corp. of Sask———dn $ 0.21 at $ 20.88
(All figures are in Canadian dollars.)
