Advertisement

Canadian Financial Close: Loonie, crude oil end week stronger

| 1 min read

Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly higher on Friday.

The loonie closed at US$0.7359 or US$1=C$1.3588, compared to US$0.7355 or US$1=C$1.3597 on Thursday. The United States Dollar Index was up 0.44 of a point at 103.99.

Crude oil ended the week on a strong note. Brent crude oil gained US$1.76 at US$75.81 per barrel. West Texas Intermediate (WTI) surged US$1.86 to US$71.20/barrel.

The TSX/S&P Composite Index advanced 53.03 points to end the day at 20,331.54.

Gold lost US$27.30 at US$2,019.10 per ounce after the release of positive employment data in the U.S.

Canada’s agricultural sector fared as follows:

Buhler Ind.                      unchanged      at $  2.22

Farmer’s Edge Inc.               unchanged      at $  0.25

Linamar Corp.                    dn  $ 0.01     at $ 57.99

Maple Leaf Foods                 up  $ 0.25     at $ 24.50

Nutrien Ltd.                     up  $ 0.18     at $ 73.96

RB Global Inc.                   dn  $ 0.41     at $ 85.32

(All figures are in Canadian dollars.)