Canadian Financial Close: TSX continues to climb

By Commodity News Service Canada

WINNIPEG, September 22 – The Canadian dollar finished
higher on Thursday due to weakness in its American counterpart
and firmer oil prices.
Traders were most likely to invest in risky assets due to
the central bank’s decision to delay a hike in interest rates,
an analyst noted.
The Canadian dollar closed at US$0.7656 or US$1=C$1.3062,
which compares with Wednesday’s close of US$0.7630, or
US$1=C$1.3107.
The S&P/TSX Composite Index recorded solid gains on the
back of surging equities.
A rise in consumer discretionary companies also buoyed the
TSX.
However, some modest losses in coal and natural gas limited
the gains.
The index climbed 86.35 points, or 0.59%, to close at
14,797.17.

Canada’s agricultural sector performed as follows:

AGT Food and Ingredients—–up $ 0.01 at $ 38.20
Agrium Incorporated———-up $ 1.12 at $121.02
Buhler Industries————– $ 0.00 at $ 4.51
Maple Leaf Foods————-up $ 0.52 at $ 30.32
Potash Corp. of Sask———up $ 0.22 at $ 21.32

(All figures are in Canadian dollars.)