Canada Shares Skid in Light Trade
Canadian stocks closed mixed. Gains in financial services, utilities and consumer products issues countered losses in industrial products, mining and merchandising stocks. The TSE 300 fell 25.92 points to 7639.80. The S&P/TSE 60 fell 3.41 points to 448.03. Breadth was 761-433 positive. Investors seemed reluctuant to take on any major new positions after the market's recent sell-off, ahead of the weekend. Government of Canada bonds weakened. The June Canadian dollar settled higher at 63.92 cents vs. the U.S. dollar. May crude oil settled $0.76 higher at $27.30. April gold settled $0.30 higher at $261.70.
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