Canadian Financial Close: TSX gains with copper

WINNIPEG, September 13 – The Canadian dollar continued to
slump against its US counterpart Wednesday, as further losses in
crude oil weighed down the loonie.
Losses in natural gas were also a feature, as the energy
sector continued to dwell under the weight of bearish news.
Advances in gold helped mitigate the downside.
The Canadian dollar closed at US$0.7577 or US$1=C$1.3197,
which compares with Tuesday’s close of US$0.7593, or
US$1=C$1.3170.
The S&P/TSX Composite Index posted a minor gain on the back
of higher copper prices.
Bullish economic news out of China spurred copper stocks to
their highest positions in three weeks.
The index climbed 17.36 points, or 0.12%, to close at
14,366.46.

Canada’s agricultural sector performed as follows:

AGT Food and Ingredients—–up $ 0.06 at $ 36.57
Agrium Incorporated———-dn $ 0.02 at $116.65
Buhler Industries————up $ 0.03 at $ 4.50
Maple Leaf Foods————-up $ 0.03 at $ 28.47
Potash Corp. of Sask———dn $ 0.14 at $ 21.13

(All figures are in Canadian dollars.)