Canadian Financial Close: Loonie declines with weak jobs data
By Commodity News Service Canada
WINNIPEG, August 5 – The Canadian dollar fell against its
US counterpart to end the week, on the heels of disappointing
Canadian jobs data.
The Canadian dollar closed at US$0.7596 or US$1=C$1.3164,
which compares with Thursday’s close of US$0.7679, or
US$1=C$1.3022.
The S&P/TSX Composite Index climbed on Friday taking
strength from a bump in oil prices.
Canadian agricultural companies recorded modest gains for
the day.
Losses in gold capped the upside.
The index rose 119.99 points, or 0.83%, to close at
14,648.77.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.23 at $ 34.00
Agrium Incorporated———-up $ 1.98 at $118.50
Buhler Industries————– $ 0.00 at $ 4.77
Maple Leaf Foods————-up $ 0.38 at $ 29.58
Potash Corp. of Sask———up $ 0.80 at $ 21.08
(All figures are in Canadian dollars.)