Canadian Financial Close: TSX weakens with health-care

By Commodity News Service Canada

WINNIPEG, September 26 – The Canadian dollar weakened
against its US counterpart due to lackluster retail sales and
inflation data. A lack of fresh data left investors focused on
Friday’s dismal showing, according to a report.
Retail sales dipped 0.1% in July while the annual inflation
rate was 1.1% lower.
The Canadian dollar closed at US$0.7555 or US$1=C$1.3237,
which compares with Friday’s close of US$0.7592, or
US$1=C$1.3171.
The S&P/TSX Composite Index also finished lower with losses
in the health-care industry providing much of the downward
momentum.
Canadian drugmaker Valeant was down 6.3% in volatile
trading.
The index lost 78.47 points, or 0.53%, to close at
14,619.46.

Canada’s agricultural sector performed as follows:

AGT Food and Ingredients—–dn $ 0.82 at $ 37.28
Agrium Incorporated———-dn $ 1.42 at $119.55
Buhler Industries————– $ 0.00 at $ 4.55
Maple Leaf Foods————-dn $ 0.25 at $ 29.54
Potash Corp. of Sask———up $ 0.05 at $ 21.05

(All figures are in Canadian dollars.)