Canadian Financial Close: TSX benefits from higher gold prices

By Commodity News Service Canada

WINNIPEG, April 26 – The Canadian dollar advanced against
its US counterpart on Tuesday, as crude prices in New York
jumped 3%. There are ideas drillers will cut back on production
in the coming months.
The Canadian dollar closed at US$0.7923 or US$1=C$1.2621,
which compares with Monday’s close of US$0.7883, or
US$1=C$1.2686.
The Standard & Poor’s/TSX Composite Index ticked higher as
stronger gold prices bolstered the metals sector.
Crescent Point Energy Corp. was one of several energy
groups in Canada to post gains on the day as oil hovered around
its highest level of 2016.
The S&P/TSX Composite Index climbed 13.45 points, or 0.10%,
to 13,809.44.

Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.10 at $ 40.58
Agrium Incorporated———-dn $ 1.24 at $108.38
Buhler Industries————– $ 0.00 at $ 4.80
Maple Leaf Foods————-dn $ 0.25 at $ 26.28
Potash Corp. of Sask———– $ 0.00 at $ 22.57

(All figures are in Canadian dollars.)