By Commodity News Service Canada
WINNIPEG, April 26 (CNS) – The Canadian dollar finished
little changed against its U.S. counterpart on Thursday. Gains
in crude oil were offset by losses in gold futures. The loonie
settled at US$0.7775 cents or C$1.2862, compared to Wednesday’s
North American close of US$0.7771 or C$1.2869.
The Canadian dollar felt continued pressure by broad-based
strength in the U.S. dollar. The American greenback moved above
the 200-day moving average earlier in the week.
The S&P/TSX Composite Index jumped 127.84 points, or 0.21%,
to 15,509.75. Ideas that a new North American Free Trade
Agreement may be reached in the near futures, bolstered investor
confidence.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.10 at $ 16.40
Buhler Industries————– $ 0.00 at $ 4.10
Maple Leaf Foods————-up $ 0.60 at $ 31.75
Nutrien Ltd.—————–up $ 0.48 at $ 60.02
(All figures are in Canadian dollars.)
