By Commodity News Service Canada
WINNIPEG, August 7 (CNS) – The Canadian dollar dipped
against its U.S. counterpart on Tuesday, as the decision by the
United States to slap sanctions on oil-rich Iran threw
uncertainty into the market.
The loonie was bolstered by advances in several
commodities, including crude oil, gold bullion and natural gas.
The loonie finished at US$0.7661 or C$1.3053, compared to
Friday’s North American close of US$0.7702 or C$1.2983. Canadian
markets were closed Monday for a civic holiday.
The S&P/TSX Composite Index fell 133.94 points, or 0.82%,
to 16,286.30.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.41 at $ 18.05
Buhler Industries————– $ 0.00 at $ 3.62
Maple Leaf Foods————-dn $ 0.72 at $ 31.20
Nutrien Ltd.—————–dn $ 1.19 at $ 73.98
Rocky Mountain Dealerships—up $ 0.01 at $ 12.00
Linamar Corp—————–dn $ 0.08 at $ 57.82
Ritchie Bros. Auctioneers—-up $ 0.14 at $ 44.63
(All figures are in Canadian dollars.)