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Canadian Financial Close: TSX rises with oil over Alberta fires

| 1 min read

By Commodity News Service Canada

WINNIPEG, May 17 – The Canadian dollar ended relatively
flat against its US counterpart on Tuesday, as stronger oil
prices were offset by US economic data. The consumer-price index
rose 0.4% in the US in April over the previous month, which was
the biggest monthly increase since early 2013, according to a
report.
The Canadian dollar closed at US$0.7750 or US$1=C$1.2903,
which compares with Monday’s close of US$0.7754, or
US$1=C$1.2896.
The Standard & Poor’s/TSX Composite Index ticked higher
Tuesday, led by gains in gold and energy stocks.
Forest fires prompted evacuations of work-camps in the
Alberta oilsands which hampered production.
The S&P/TSX Composite index rose 23.61 points, or 0.17%, to
13,917.10.

Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.09 at $ 35.18
Agrium Incorporated———-up $ 0.67 at $116.18
Buhler Industries————– $ 0.00 at $ 4.90
Maple Leaf Foods————-dn $ 0.01 at $ 29.69
Potash Corp. of Sask———up $ 0.65 at $ 21.37

(All figures are in Canadian dollars.)