Canadian Financial Close: C$ weakens

By MarketsFarm

WINNIPEG, Dec. 9 (MarketsFarm) – The Canadian dollar was weaker on Thursday, amid renewed uncertainty in the global financial markets over the Omicron COVID-19 variant and its potential influence on the world economy.
The Canadian dollar closed at US$0.7874 or US$1=C$1.2700 on Thursday, which compares with Wednesday’s North American close of US$0.7910 or US$1=C$1.2642.
Crude oil was weaker, with West Texas Intermediate crude oil down by 2.58 per cent, at US$70.49 per barrel.
The TSX Composite Index was down by 151.86 points, or 0.72 per cent, to close at 20,925.49 points.

Canada’s agricultural sector performed as follows:

Buhler Industries—————- $ 0.00 at $ 3.00
Linamar Corp.——————–dn $ 0.26 at $ 74.34
Maple Leaf Foods—————–dn $ 0.31 at $ 28.64
Nutrien Ltd.———————dn $ 1.08 at $ 88.31
Ritchie Bros Auctioneers Inc.—-dn $ 2.32 at $ 86.65
Farmers Edge Inc.—————-dn $ 0.02 at $ 3.40

(All figures are in Canadian dollars.)