Canadian Financial Close: TSX advances with oil
By Commodity News Service Canada
WINNIPEG, August 3 – The Canadian dollar finished stronger
against its US counterpart Wednesday, benefiting from gains in
crude oil.
The Canadian dollar closed at US$0.7651 or US$1=C$1.3071,
which compares with Tuesday’s close of US$0.7632, or
US$1=C$1.3102.
The S&P/TSX Composite Index rose Wednesday alongside
equities and most of Toronto’s major industry groups.
Canadian gas giant Encana climbed 4.4% on the day.
The materials sector was one of the few to record losses,
falling 1% amid declines in base metals.
The index advanced 35.04 points, or 0.24%, to close at
14,512.05.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.57 at $ 33.77
Agrium Incorporated———-dn $ 1.14 at $117.59
Buhler Industries————– $ 0.00 at $ 4.77
Maple Leaf Foods————-dn $ 0.09 at $ 29.56
Potash Corp. of Sask———dn $ 0.10 at $ 20.67
(All figures are in Canadian dollars.)