By Commodity News Service Canada
WINNIPEG, April 6 – The Canadian dollar rose against its US
counterpart on Wednesday, taking strength from advances in crude
oil.
The Canadian dollar closed at US$0.7637 or US$1 = 1.3094 on
Wednesday which compared with Tuesday’s close of US$0.7601 or
US$1 = 1.3157.
The Standard & Poor’s/TSX Composite Index chalked up gains
on Wednesday, snapping a four-day losing skid.
Energy stocks improved by 3%, according to a report. The
market advanced on reports that crude inventories in the US
dropped.
The S&P/TSX Composite Index climbed 42.80 points, or 0.32%,
to 13,347.46.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.77 at $ 37.87
Agrium Incorporated———-up $ 0.62 at $113.41
Buhler Industries————– $ 0.00 at $ 5.04
Maple Leaf Foods————-up $ 0.18 at $ 27.43
Potash Corp. of Sask———up $ 0.14 at $ 21.32
(All figures are in Canadian dollars.)
