By Commodity News Service Canada
WINNIPEG, April 30 (CNS) – The Canadian dollar closed
slightly higher Monday, supported by a gain in the price of oil.
The Canadian dollar settled Monday at US$0.7791 or
C$1.2836, compared to Friday’s North American close of US$0.7778
or C$1.2857.
Oil prices rose Monday, bouncing off early losses after
Israeli Prime Minister Benjamin Netanyahu said Israel had proof
that “Iran lied” about its nuclear capabilities and that he was
sure United States President Donald Trump would do “the right
thing” in reviewing the country’s nuclear deal with western
powers. Brent crude rose 53 cents to settle at US$75.17 per
barrel.
In Toronto, the TSX/S&P Composite fell Monday, weighed down
by drops for financials and materials, as the market reopened
after an outage halted trading for several hours Friday
afternoon.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–unchanged at $ 16.40
Buhler Industries————up $ 0.10 at $ 4.10
Maple Leaf Foods————-dn $ 0.60 at $ 30.95
Nutrien Ltd.—————–dn $ 0.98 at $ 58.45
(All figures are in Canadian dollars.)
