By Commodity News Service Canada
WINNIPEG, May 26 – The Canadian dollar finished flat
against its US counterpart on Friday, as unease in world
financial markets and the decision by OPEC to limit oil
production sent many traders to the sidelines ahead of the US
long weekend.
US markets will be closed on Monday in observance of
Memorial Day.
The Canadian dollar closed at US$0.7432 or C$1.3456,
compared to Thursday’s close of US$0.7433 or C$1.3453.
The S&P/TSX Composite Index eked out a tiny gain on Friday,
taking strength from advances in crude oil and gold.
Barrick Gold was one of many mining companies to finish
higher on the day with a 0.5% gain.
The index rose 6.20 points, or 0.04%, to 15,416.93.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.36 at $ 25.99
Agrium Incorporated———-up $ 0.89 at $124.91
Buhler Industries————– $ 0.00 at $ 4.50
Maple Leaf Foods————-dn $ 0.34 at $ 34.23
Potash Corp. of Sask———up $ 0.16 at $ 22.37
(All figures are in Canadian dollars.)
