Canadian Financial Close: C$ rises with oil concerns in Kuwait

By Commodity News Service Canada

WINNIPEG, April 18 – The Canadian dollar advanced against
its US counterpart on Monday, as concerns grew about the
potential of an oil-workers’ strike in Kuwait.
The Canadian dollar closed at US$0.7814 or US$1=C$1.2797,
which compares with Friday’s close of US$0.7790, or
US$1=C$1.2837.
The Standard & Poor’s/TSX Composite Index finished higher
on Monday, as investors focused on mining stocks. The market
largely shrugged off the collapse of a deal between major oil
producers to cut production.
The S&P/TSX Composite Index rose 82.62 points, or 0.61%, to
13,719.82.

Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.36 at $ 39.19
Agrium Incorporated———-dn $ 0.06 at $107.35
Buhler Industries————– $ 0.00 at $ 4.80
Maple Leaf Foods————-up $ 0.14 at $ 26.63
Potash Corp. of Sask———up $ 0.35 at $ 21.44

(All figures are in Canadian dollars.)