Canadian Financial Close: TSX corrects higher

By Commodity News Service Canada

WINNIPEG, September 19 – The Canadian dollar ended slightly
higher against its US counterpart, as investors waited for this
week’s Federal Open Market Committee meeting in the US. The
focus of the gathering is to determine whether or not the US
interest rate should be adjusted.
Gains in oil and gold underpinned the close.
The Canadian dollar closed at US$0.7572 or US$1=C$1.3207,
which compares with Friday’s close of US$0.7568, or
US$1=C$1.3214.
The S&P/TSX Composite Index gained ground as the market
corrected itself in the wake of Friday’s selloff.
The index gained 45.54 points, or 0.32%, to close at
14,496.23.

Canada’s agricultural sector performed as follows:

AGT Food and Ingredients—–up $ 1.14 at $ 37.37
Agrium Incorporated———-up $ 0.47 at $118.92
Buhler Industries————– $ 0.01 at $ 4.51
Maple Leaf Foods————-up $ 0.08 at $ 29.07
Potash Corp. of Sask———dn $ 0.01 at $ 21.10

(All figures are in Canadian dollars.)