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Canadian Financial Close: TSX slips

Winnipeg, Nov 08, 2017 (Commodity News Service Canada, Inc. via COMTEX) --

WINNIPEG, Nov. 8 - The TSX slipped Wednesday as oil prices fell.

Oil prices were down Wednesday as Chinese crude oil imports were at their lowest point in a year. Although the overall market remains well supported according to traders due to OPEC- led supply cuts. United States crude fell 0.73 per cent to US$56.78 per barrel and Brent crude was down 0.24 per cent to US$63.54.

The Canadian dollar settled Wednesday at US$0.7856 cents or C$1.2729, compared to Tuesday's North America close of US$0.7822 cents or C$1.2782.

Weakness in the U.S. Dollar accounted for some of the strength in the Canadian dollar.

In Toronto, the S&P/TSX Composite Index was down 26.44, 0.16 per cent, to 16,110.

     Canada's agricultural sector performed as follows:
     AGT Food and Ingredients-----dn  $ 0.59    at $ 19.10
     Agrium Incorporated----------dn  $ 2.30    at $136.33
     Buhler Industries------------dn  $ 0.15    at $ 4.60
     Maple Leaf Foods-------------dn  $ 0.14    at $ 33.14
     Potash Corp. of Sask---------dn  $ 0.11    at $ 24.38

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