Canadian Financial Close: TSX declines with metals, oil

By Commodity News Service Canada

WINNIPEG, April 4 – The Canadian dollar fell lower against its US counterpart on Monday, due to pressure from declining oil
prices.
Saudi Arabia’s declaration that it won’t slash oil production unless fellow exporter Iran follows suit continues to
weigh down oil futures, analysts said.
The Canadian dollar closed at US$0.7650 or US$1 = 1.3072 on Monday which compared with Friday’s close of US$0.7684 or US$1 =
1.3014.
The Standard & Poor’s/TSX Composite Index suffered losses to start the week, pressured by weakness in crude oil and gold
issues.
Base metals also had a tough day. Copper producer First Quantum declined 5.9%.
The S&P/TSX Composite Index fell 104.290 points, or 0.78%, to 13,336.15.

Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.58 at $ 37.41
Agrium Incorporated———-dn $ 1.47 at $113.76
Buhler Industries————up $ 0.05 at $ 5.04
Maple Leaf Foods————-dn $ 0.41 at $ 27.41
Potash Corp. of Sask———dn $ 0.76 at $ 21.42

(All figures are in Canadian dollars.)