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Canadian Financial Close: C$ steady Friday

| 1 min read

By Phil Franz-Warkentin

 

Glacier FarmMedia MarketsFarm – The Canadian dollar held steady on Friday.

The Canadian dollar settled at US$0.7296 or US$1=C$1.3707 on Friday, which compares with Thursday’s close of US$0.7291 or US$1=C$1.3715.

Canadian housing starts increased by 16 per cent in July, hitting a seasonally adjusted rate of 279,508 units, according to a report from the Canadian Mortgage and Housing Corporation. The starts beat market expectations.

Crude oil was weaker, with West Texas crude oil down by

1.82 per cent at US$76.74 per barrel.

The TSX Composite Index gained 21.89 points to close at 23,054.61 points.

 

Canada’s agricultural sector performed as follows:

Buhler Ind.———————-dn  $ 0.02    at $  2.40

Linamar Corp.——————–up  $ 0.21    at $ 62.30

Maple Leaf Foods—————–dn  $ 0.11    at $ 22.84

Nutrien Ltd.———————up  $ 0.40    at $ 64.06

RB Global Inc.——————-up  $ 0.39    at $112.59

Farmers Edge Inc.—————-    $ 0.00    at $  0.35

 

(All figures are in Canadian dollars.)