By Commodity News Service Canada
WINNIPEG, November 9 – The Canadian dollar slid against its
US counterpart Wednesday in the wake of the US election.
Analysts noted the loonie still held up better than many other
currencies like the Mexico peso.
The Canadian dollar closed at C$0.7475 or US$1.3378,
compared to Tuesday’s close of C$0.7516 or US$1=C$1.3305.
The S&P/TSX Composite Index finished higher as several
commodity groups improved following Donald Trump’s victory.
Analysts say Trump’s platform of tax cuts and infrastructure
spending will lift sectors like metals and energy.
The index rose 103.07 points, or 0.7%, to close at
14,759.91.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.20 at $ 36.73
Agrium Incorporated———-up $ 0.18 at $127.21
Buhler Industries————up $ 0.26 at $ 4.69
Maple Leaf Foods————-dn $ 1.24 at $ 28.18
Potash Corp. of Sask———up $ 0.02 at $ 22.78
(All figures are in Canadian dollars.)
