By Commodity News Service Canada
WINNIPEG, April 13 (CNS) – The deceasing appetite for risky
stock ventures in the world continues to push Canadian bonds
higher.
On Friday, the 10-year government bond hit a weekly high of
2.23 per cent. That compares to just 2.14 per cent on April 6.
Socio-political unrest in the United States and Middle East
prompted many investors to park assets in safe havens such as
government debt.
The Canadian dollar finished flat against its U.S.
counterpart on Friday. The loonie settled at US$0.7938 cents or
C$1.2597, compared to Thursday’s North American close of
US$0.7939 or C$1.2596.
The S&P/TSX Composite Index rose 4.70 points, or 0.03%, to
15,273.97. The market took strength from gains in the energy
sector and major metals.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.17 at $ 16.79
Buhler Industries————– $ 0.10 at $ 4.10
Maple Leaf Foods————-dn $ 1.59 at $ 30.72
Nutrien Ltd.—————–dn $ 0.32 at $ 58.84
(All figures are in Canadian dollars.)
