By Commodity News Service Canada
WINNIPEG, November 16 – The Canadian dollar ticked slightly
higher against its US counterpart on Wednesday. Gains in gold
bullion and natural gas helped offset losses in crude oil.
The Canadian dollar closed at C$0.7440 or US$1.3441,
compared to Tuesday’s close of C$0.7437 or US$1=C$1.3447.
The S&P/TSX Composite Index finished lower, led by declines
in mineral companies.
The bright spot of the day belonged to Loblaw Cos. which
posted strong quarterly results.
The index fell 22.88 points, or 0.2%, to close at
14,733.22.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.10 at $ 35.28
Agrium Incorporated———-dn $ 0.92 at $131.62
Buhler Industries————– $ 0.00 at $ 4.69
Maple Leaf Foods————-up $ 0.68 at $ 28.74
Potash Corp. of Sask———dn $ 0.14 at $ 23.61
(All figures are in Canadian dollars.)
