By Commodity News Service Canada
WINNIPEG, July 18 – The Canadian dollar finished flat
against its American counterpart on Monday. Gains in gold and
equities were offset by losses in crude oil.
The Canadian dollar closed at US$0.7730 or US$1=C$1.2937,
which compares with Friday’s close of US$0.7730, or
US$1=C$1.2937.
The TSX took strength from a host of company earnings. Home
Depot was just one of the many Canadian companies that recorded
positive data along with some in the restaurant industry.
Low trading volume may have exaggerated the gains, said a
trader.
The S&P/TSX Composite Index climbed 49.98 points, or 0.35%,
to close at 14,532.40.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.13 at $ 33.96
Agrium Incorporated———-up $ 0.65 at $123.86
Buhler Industries————– $ 0.00 at $ 4.75
Maple Leaf Foods————-up $ 0.06 at $ 28.80
Potash Corp. of Sask———up $ 0.12 at $ 22.35
(All figures are in Canadian dollars.)
