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Business

Loonie shifts upwards

by The Canadian Press - Story: 77083
Jun 26, 2012 / 9:25 am

The Canadian dollar moved slightly higher early Tuesday amid soft oil prices and U.S. economic data that showed an increase in a closely watched home price index for the first time in seven months.

The loonie was ahead 0.08 of a cent at 97.24 cents US in the morning.

In commodities, the August crude contract on the New York Mercantile Exchange was down 13 cents at US$79.08 a barrel, adding to the decline from $110 in late February.

August gold was down $8 at US$1,580.40 an ounce, while July copper rose two cents to US$3.28 a pound.

The Standard & Poor's/Case-Shiller home price index for April shows increases in 19 of the 20 cities tracked. 

Meanwhile, concerns over the ability of Europe's leaders to agree a package of measures to deal with their debt crisis kept stock markets in check Tuesday, a day after Cyprus became the fifth euro country to ask for financial assistance from its partners in the currency zone.

The Canadian Press


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Today's Market

S&P TSX 12669.97 -82.53
S&P CDNX 939.06 -3.02
DJIA 15335.04 +27.87
Nasdaq 3498.965 +33.722
S&P 500 1651.11 -4.24
Gold 1392.00 +24.40
Lumber 316.00 -4.50
Oil 96.05 -0.11
Natural Gas 4.26 +0.074
CDN Dollar 0.9702 N/A

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Okanagan Companies

Sun Rype 6.10 0.00
Pacific Safety 0.07 +0.02
Knighthawk 0.02 0.00
QHR Technologies Inc 0.57 -0.03
Cantex 0.015 0.00
Anavex Life Sciences 0.48 -0.04
Metalex Ventures 0.08 -0.005
Russel Metals 26.66 -0.06
Copper Mountain Mining 1.765 -0.005
Colorado Resources 1.50 +0.11
ReliaBrand Inc 0.13 0.00

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