Canadian Financial Close: TSX drops with equity sell-off

By Commodity News Service Canada

WINNIPEG, February 8 – The Canadian dollar ended weaker against its US counterpart Monday. Declines in crude oil weighed down the loonie.

The Canadian dollar closed at US$0.7177 or US$1 = C$1.3934.

A drop in global equities pushed the Standard & Poor’s/TSX Composite Index lower on Monday. In all, nine out of the index’s 10 major industry-groups finished lower on the day. Technology stocks were especially hit hard.

The S&P/TSX Composite Index fell 228.59 points, or 1.79%, to 12,535.40.

Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.04 at $ 34.77
Agrium Incorporated———-dn $ 2.81 at $117.03
Buhler Industries————– $ 0.00 at $ 5.02
Maple Leaf Foods————-dn $ 0.67 at $ 22.12
Potash Corp. of Sask———dn $ 1.08 at $ 22.19

(All figures are in Canadian dollars.)