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Canadian Financial Close: Loonie dips with commodities

WINNIPEG, June 19 (CNS), Jun 19, 2017 (Commodity News Service Canada, Inc. via COMTEX) --

WINNIPEG, June 19 - The Canadian dollar ticked lower against its US counterpart on Monday, tracking losses in crude oil, natural gas and gold bullion. The loonie hung in a narrow range for the majority of the day, reflecting an absence of any domestic data releases.

The loonie ended Monday at US$0.7564 cents or C$1.3220, compared to Friday's close of US$0.7557 or C$1.3232.

Investors will be watching on Friday when Blackberry is scheduled to release its quarterly earnings report.

In Toronto, the S&P/TSX Composite Index rose 73.50 points, or 0.5%, to 15,266.04. The market took strength from gains in the tech sector and discretionary companies.

Hudson's Bay Co. soared 15.1% after speculation rose the company's assets could be sold to help pay down debt.

Home Capital chalked up gains as well. The company finished 3.8% higher on ideas an outside group could be thinking of a take-over.

     Canada's agricultural sector performed as follows:
     AGT Food and Ingredients-----up  $ 0.87    at $ 24.47
     Agrium Incorporated----------dn  $ 0.51    at $123.72
     Buhler Industries------------up  $ 0.01    at $  4.22
     Maple Leaf Foods-------------dn  $ 0.16    at $ 32.91
     Potash Corp. of Sask---------dn  $ 0.06    at $ 22.10

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Lt Crude 43.17
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