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Canadian Financial Close: C$ strengthens

| 1 min read

By MarketsFarm

WINNIPEG, Dec. 17 (MarketsFarm) – The Canadian dollar was stronger on Thursday, as broad weakness in the United States dollar internationally and an increased appetite for risk provided support.
The Canadian dollar closed at US$0.7863 or US$1=C$1.2718, which compares with Wednesday’s North American close of US$0.7841 or US$1=C$1.2753.
West Texas Intermediate crude oil was up by 1.25 per cent, at US$48.42 per barrel.
The TSX Composite Index was up on the day, gaining 85.52 points, or 0.49 per cent, to close at 17,652.94 points.

Canada’s agricultural sector performed as follows:

Buhler Industries—————-dn $ 0.19 at $ 2.51
Linamar Corp.——————–up $ 0.93 at $ 69.74
Maple Leaf Foods—————–up $ 0.01 at $ 28.24
Nutrien Ltd.———————up $ 0.08 at $ 61.66
Ritchie Bros Auctioneers Inc.—-dn $ 0.39 at $ 85.83
Rocky Mountain Dealerships Inc.–dn $ 0.01 at $ 7.39

(All figures are in Canadian dollars.)