Canadian Financial Close: Investors flee after Brexit vote

By Commodity News Service Canada

WINNIPEG, June 24 – The Canadian dollar finished sharply
lower against its American counterpart Friday, as Britain’s
decision to exit the European Union sent investors fleeing to
safe havens.
Gold bullion and the US dollar chalked up sizable gains as
many people got rid of risky assets like oil.
The Canadian dollar closed at US$0.7693 or US$1=C$1.2999,
which compares with Thursday’s close of US$0.7830, or
US$1=C$1.2772.
The Standard & Poor’s/TSX Composite Index sunk on Friday,
losing 239.57 points, or 1.70%, to 13,891.88.
Oil prices were down by nearly 5% in the aftermath of the
Brexit vote. Toronto’s subenergy index declined by 3.15%.

Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 1.37 at $ 33.38
Agrium Incorporated———-dn $ 2.66 at $119.58
Buhler Industries————– $ 0.00 at $ 4.90
Maple Leaf Foods————-dn $ 0.41 at $ 26.95
Potash Corp. of Sask———dn $ 0.34 at $ 21.94

(All figures are in Canadian dollars.)