Canadian Financial Close: C$ weakens
By MarketsFarm
WINNIPEG, Dec. 22 (MarketsFarm) – The Canadian dollar was slightly weaker on Thursday, in what analysts described as a ‘risk-off’ move ahead of the holidays.
The Canadian dollar settled at US$0.7323 or US$1=C$1.3656 on Thursday, which compares with Wednesday’s close of US$0.7346 or US$1=C$1.3612.
West Texas Intermediate retreated from earlier gains, down by 0.05 per cent at US$78.24 per barrel.
The TSX Composite Index was weaker, losing 221.44 points or 1.13 per cent to close at 19,349.66 points.
Canada’s agricultural sector performed as follows:
Buhler Ind.———————-up $ 0.10 at $ 1.90
Linamar Corp.——————–dn $ 2.34 at $ 59.81
Maple Leaf Foods—————–up $ 0.18 at $ 24.74
Nutrien Ltd.———————dn $ 1.29 at $ 99.53
Ritchie Bros Auctioneers Inc.—-up $ 0.37 at $ 76.11
Farmers Edge Inc.—————-dn $ 0.005 at $ 0.265
(All figures are in Canadian dollars.)