By Commodity News Service Canada
WINNIPEG, January 18 (CNS) – The Canadian dollar recorded a
slight loss against its U.S. counterpart on Thursday. The
commodity-backed currency was pressured by losses in crude oil,
gold and natural gas prices.
The TSX’s heavily weighted energy group dropped 1.4 per
cent on the day as rising oil stocks in the U.S. cast a bearish
shadow over the market.
The Canadian dollar settled on Thursday at US$0.8035 cents
or C$1.2446, compared to Wednesday’s North American close of
US$0.8048 or C$1.2425.
The S&P/TSX composite index fell 42.23 points or 0.26
percent to 16,284.47.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.53 at $ 21.82
Buhler Industries————– $ 0.00 at $ 4.50
Maple Leaf Foods————-up $ 0.06 at $ 35.30
Nutrien Ltd.—————–up $ 0.49 at $ 66.09
(All figures are in Canadian dollars.)
