By Commodity News Service Canada
WINNIPEG, July 14 – The Canadian dollar strengthened
against its American counterpart for the second straight day.
Investors took on riskier assets in the wake of yesterday’s Bank
of Canada decision to hold the interest rate at its current
level.
The Canadian dollar closed at US$0.7753 or US$1=C$1.2898,
which compares with Wednesday’s close of US$0.7701, or
US$1=C$1.2986.
The TSX was boosted by gains in energy and financials.
The S&P/TSX Composite Index added 20.72 points, or 0.1%, to
close at 14,514.52.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.57 at $ 33.83
Agrium Incorporated———-up $ 2.65 at $123.21
Buhler Industries————dn $ 0.10 at $ 4.75
Maple Leaf Foods————-up $ 0.34 at $ 28.74
Potash Corp. of Sask———up $ 0.33 at $ 22.23
(All figures are in Canadian dollars.)
