Canadian Financial Close: Mining stocks tick upward in quiet day

By Commodity News Service Canada

WINNIPEG, November 24 – The Canadian dollar posted mild
gains against its US counterpart in mild trading on Thursday. US
markets were closed for the Thanksgiving holiday which kept many
traders on the sidelines.
The Canadian dollar closed at C$0.7412 or US$1.3491,
compared to Wednesday’s close of C$0.7410 or US$1=C$1.3496.
The S&P/TSX Composite Index finished relatively flat as
trading was thinned by the US holiday.
The materials group advanced by 0.2% as some investors took
advantage of low commodity prices to move into mining companies.
First Quantum Minerals recorded a 4.3% gain.
The index fell 5.71 points, or 0.04%, to close at
15,075.20.

Canada’s agricultural sector performed as follows:

AGT Food and Ingredients—–up $ 0.15 at $ 37.07
Agrium Incorporated———-up $ 0.39 at $132.20
Buhler Industries————dn $ 0.26 at $ 4.43
Maple Leaf Foods————-up $ 0.03 at $ 29.29
Potash Corp. of Sask———up $ 0.09 at $ 23.82

(All figures are in Canadian dollars.)