Canadian Financial Close: TSX declines ahead of OPEC meeting

By Commodity News Service Canada

WINNIPEG, May 30 – The Canadian dollar fell slightly
against its US counterpart on Monday in thin trade. US markets
were closed in observance of Memorial Day while markets in the
UK also had the day off.
The Canadian dollar closed at US$0.7662 or US$1=C$1.3051,
which compares with Friday’s close of US$0.7670, or
US$1=C$1.3038.
The Standard & Poor’s/TSX Composite Index suffered modest
losses Monday, as many traders showed caution ahead of this
week’s meeting of the Organization of Petroleum Exporting
Countries.
Crude oil prices have been volatile lately and there is
uncertainty over what OPEC may decide at the gathering.
The S&P/TSX Composite index fell 18.56 points, or 0.13%, to
14,086.67.

Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.32 at $ 37.17
Agrium Incorporated———-dn $ 0.09 at $118.79
Buhler Industries————– $ 0.00 at $ 4.90
Maple Leaf Foods————-dn $ 0.04 at $ 29.54
Potash Corp. of Sask———up $ 0.07 at $ 21.66

(All figures are in Canadian dollars.)