Canadian Financial Close: TSX ends lower in muted trade

By Commodity News Service Canada

WINNIPEG, January 18 – The Canadian dollar retreated against its US counterpart Monday as weak oil prices and several worrying economic indicators weighed down the loonie. The losses may have been exaggerated though as US markets were closed due to the Martin Luther King Jr. holiday.

The Canadian dollar closed at US$0.6870 or US$1 = C$1.4557.

The TSX fell lower Friday in muted trading tracking losses in crude oil. It is the 12th time in the last 14 sessions the TSX has ended lower.

The S&P/TSX Composite Index declined 131.29 points, or 1.10%, to 11,942.17.

Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.08 at $ 36.27
Agrium Incorporated———-dn $ 2.92 at $120.92
Buhler Industries————dn $ 0.14 at $ 5.00
Maple Leaf Foods————-dn $ 0.31 at $ 22.25
Potash Corp. of Sask———dn $ 0.67 at $ 23.03

(All figures are in Canadian dollars.)