By Commodity News Service Canada
WINNIPEG, December 1 – The Canadian dollar rose against its
US counterpart on Thursday due to higher oil prices.
Analysts are now waiting for Canadian labour data numbers,
which are due to be released tomorrow.
The Canadian dollar closed at C$0.7509 or US$1.3317,
compared to Wednesday’s close of C$0.7447 or US$1=C$1.3429.
The S&P/TSX Composite Index finished lower due to broad
losses in commodities.
Mining firms were particularly hard hit along with the tech
sector.
The index was down 55.32 points or 0.4% to 15,027.53.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.36 at $ 36.84
Agrium Incorporated———-dn $ 1.15 at $134.24
Buhler Industries————up $ 0.20 at $ 5.00
Maple Leaf Foods————-dn $ 1.26 at $ 28.00
Potash Corp. of Sask———dn $ 0.27 at $ 24.23
(All figures are in Canadian dollars.)
