Canadian Financial Close: TSX continues to sink with equities

By Commodity News Service Canada

WINNIPEG, February 9 – The Canadian dollar finished higher against its US counterpart Tuesday.

The Canadian dollar closed at US$0.7205 or US$1 = C$1.3879.

Worries over global growth, Chinese economic stability and weakening oil prices pushed the Standard & Poor’s/TSX Composite Index lower Tuesday. Financials were hit especially hard along with the energy sector. Equities worldwide continue to sink in a sea of bearish news.

The S&P/TSX Composite Index fell 252.75 points, or 2.02%, to 12,282.65.

Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.70 at $ 34.07
Agrium Incorporated———-dn $ 0.72 at $116.31
Buhler Industries————– $ 0.00 at $ 5.02
Maple Leaf Foods————-up $ 0.22 at $ 22.34
Potash Corp. of Sask———dn $ 0.20 at $ 21.99

(All figures are in Canadian dollars.)