Canadian Financial Close: C$ ticks lower waiting for job data

By Commodity News Service Canada

WINNIPEG, June 9 – The Canadian dollar finished slightly
lower against its American counterpart Thursday, as many
investors stuck to the sidelines.
The Bank of Canada highlighted possible vulnerabilities in
the country’s housing sector which was bearish, according to a
report.
Tomorrow, the government will release its domestic labour
figures for the month of May.
The Canadian dollar closed at US$0.7866 or US$1=C$1.2713,
which compares with Wednesday’s close of US$0.7876, or
US$1=C$1.2696.
The Standard & Poor’s/TSX Composite Index declined
Thursday, as lower prices for crude oil weighed down energy
stocks.
The materials sector rallied somewhat, rising 0.31% due to
higher prices for bullion.
The S&P/TSX Composite index dropped 73.08 points, or 0.51%,
to 14,240.02.

Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.22 at $ 36.51
Agrium Incorporated———-dn $ 1.30 at $120.42
Buhler Industries————– $ 0.00 at $ 4.91
Maple Leaf Foods————-dn $ 0.12 at $ 29.10
Potash Corp. of Sask———dn $ 0.81 at $ 21.87

(All figures are in Canadian dollars.)