Canadian Financial Close: Loonie continues to rally

By Commodity News Service Canada

WINNIPEG, Feb 4 (CNS Canada) – The Canadian dollar continued to rally against its US counterpart Thursday. Despite losses in crude oil the loonie took strength from gold and other commodities to finish higher.

The Canadian dollar closed at US$0.7275 or US$1 = C$1.3745.

The S&P/TSX Composite Index rose 181.50 points, or 1.44%, to 12,774.50.

Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.20 at $ 34.80
Agrium Incorporated———-up $ 1.35 at $119.89
Buhler Industries————– $ 0.00 at $ 5.02
Maple Leaf Foods————-up $ 0.01 at $ 22.57
Potash Corp. of Sask———up $ 0.90 at $ 23.09

(All figures are in Canadian dollars.)