Canadian Financial Close: TSX rises with energy sector

By Commodity News Service Canada

WINNIPEG, May 4 (CNS) – The Canadian dollar was unchanged
at close Friday after weakness earlier in the day.

The Canadian dollar settled Friday at US$0.7775 or
C$1.2861, compared to Thursday’s North American close of
US$0.7775 or C$1.2862.

Oil prices rose two per cent on Friday, as global supplies
remained tight and the market awaited news from Washington on
possible United States sanctions against Iran. Brent crude oil
rose US$1.25 to US$74.87 per barrel.

In Toronto, the TSX/S&P Composite rose Friday, supported by
gains in the energy sector. The TXS/S&P rose 107.93 points, or
0.69 per cent, to 15,729.4.

Canada’s agricultural sector performed as follows:

AGT Food and Ingredients—–up $ 0.10 at $ 16.95
Buhler Industries————dn $ 0.05 at $ 4.05
Maple Leaf Foods————-dn $ 0.64 at $ 29.37
Nutrien Ltd.—————–up $ 0.70 at $ 59.84

(All figures are in Canadian dollars.)

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