By Commodity News Service Canada
WINNIPEG, August 2 – The Canadian dollar chalked up modest
gains against its US counterpart on Tuesday. Advances in gold
added to the upside.
The Canadian dollar closed at US$0.7632 or US$1=C$1.3102,
which compares with Thursday’s close of US$0.7598, or
US$1=C$1.3161.
The S&P/TSX Composite Index finished lower on Tuesday amid
widespread energy losses.
Numerous reports suggested recent gains in crude oil prices
could convince many shuttered oil producers to restart
operations, which was bearish for the market.
The index declined 105.73 points, or 0.73%, to close at
14,477.01.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 1.53 at $ 33.20
Agrium Incorporated———-up $ 0.23 at $118.73
Buhler Industries————– $ 0.00 at $ 4.77
Maple Leaf Foods————-dn $ 0.07 at $ 29.65
Potash Corp. of Sask———up $ 0.42 at $ 20.77
(All figures are in Canadian dollars.)
