Canadian Financial Close: TSX rises as oil rallies

By Commodity News Service Canada

WINNIPEG, March 9 – The Canadian dollar ended higher
against its US counterpart Wednesday, taking strength from the
central bank’s decision to leave interest rates unchanged.
The Canadian dollar closed at US$0.7547 or US$1 = 1.3250
which compared with Tuesday’s close of US$0.7454 or US$1 =
C$1.3416.
The Standard & Poor’s/TSX Composite Index climbed higher on
Wednesday after crude oil prices shot up by nearly 5%. There is
growing speculation the world’s major oil exporters are
discussing ways of lowering the amount of global production.
The S&P/TSX Composite Index advanced 81.85 points, or
0.61%, to 13,392.90.

Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.23 at $ 38.23
Agrium Incorporated———-dn $ 0.30 at $116.92
Buhler Industries————– $ 0.00 at $ 4.95
Maple Leaf Foods————-up $ 0.31 at $ 26.51
Potash Corp. of Sask———up $ 0.58 at $ 25.11

(All figures are in Canadian dollars.)