Canadian Financial Close: TSX climbs with materials
By Commodity News Service Canada
WINNIPEG, August 8 – The Canadian dollar was virtually
unchanged against its US counterpart on Monday, as weaker oil
prices cancelled out some softening in the US dollar.
The loonie continued to feel pressure from a jobs report
that showed the country lost over 31,000 jobs last month.
The Canadian dollar closed at US$0.7597 or US$1=C$1.3163,
which compares with Friday’s close of US$0.7596, or
US$1=C$1.3164.
The S&P/TSX Composite Index advanced on Monday with
materials and energy leading the way.
Canadian copper giant First Quantum lifted 3.9% while Teck
Resources climbed 2.6%.
The index rose 106.85 points, or 0.73%, to close at
14,755.62.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.40 at $ 33.60
Agrium Incorporated———-up $ 1.48 at $119.98
Buhler Industries————– $ 0.00 at $ 4.77
Maple Leaf Foods————-dn $ 0.18 at $ 29.40
Potash Corp. of Sask———up $ 0.48 at $ 21.56
(All figures are in Canadian dollars.)