Canadian Financial Close: C$ firm Thursday

By Phil Franz-Warkentin

Glacier FarmMedia MarketsFarm – The Canadian dollar was stronger on Thursday, although activity was choppy as participants await updated jobs data out on Friday and markets in the United States were closed for Independence Day.

The Canadian dollar settled at US$0.7346 or US$1=C$1.3613 on Thursday, which compares with Wednesday’s close of US$0.7333 or US$1=C$1.3637.

Crude oil was relatively steady, with Texas Intermediate crude oil up by 0.21 per cent at US$84.06 per barrel.

The TSX Composite Index gained 20.35 points to close at 22,244.02 points.

Canada’s agricultural sector performed as follows:

Buhler Ind.———————-dn  $ 0.08    at $  2.02

Linamar Corp.——————–dn  $ 0.15    at $ 66.88

Maple Leaf Foods—————–up  $ 0.21    at $ 22.86

Nutrien Ltd.———————dn  $ 0.10    at $ 69.97

RB Global Inc.——————-up  $ 0.27    at $104.60

Farmers Edge Inc.—————-    $ 0.00    at $  0.345

(All figures are in Canadian dollars.)