It turned out to be a favorable trading session for the Canadian market.
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Shares of Saputo Inc. SAP, 0.78% dropped 0.71% to C$33.41 Tuesday, in what proved to be an otherwise all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, 0.32% rising 0.05% to 19,985.35. This was the stock’s second consecutive day of losses. Saputo Inc. closed C$2.44 short of its 52-week high (C$35.85), which the company reached on September 1st. Trading volume of 268,577 shares remained below its 50-day average volume of 493,836.

NEW ZEALAND DAIRY COOPERATIVE FONTERRA WILL RETAIN ITS AUSTRALIAN OPERATIONS, CEO MILES HURRELL ANNOUNCED WHEN RELEASING FY22 RESULTS. THE COOPERATIVE HAD A “GOOD YEAR” DESPITE RISING COSTS DUE TO VOLATILITY IN SUPPLY CHAIN, HURRELL SAID.

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