Advertisement

Canadian Financial Close: Loonie down, crude oil makes small gains

| 1 min read

Glacier FarmMedia MarketsFarm – The Canadian dollar eased off slightly on Thursday.

The loonie closed at US$0.7355 or US$1=C$1.3597, compared to US$0.7367 or US$1=C$1.3574 on Wednesday. The United States Dollar Index was down 0.50 of a point at 103.65.

Crude oil made small rebounds after consecutive days of losses. Brent crude oil added US$0.13 at US$74.43 per barrel. West Texas Intermediate (WTI) gained US$0.26 to US$69.64/barrel.

The TSX/S&P Composite Index advanced 4.30 points to end the day at 20,278.51.

Gold shed US$2.60 at US$2,045.30 per ounce.

Canada’s agricultural sector fared as follows:

Buhler Ind.                      unchanged      at $  2.22

Farmer’s Edge Inc.               up  $ 0.01     at $  0.25

Linamar Corp.                    up  $ 0.08     at $ 58.00

Maple Leaf Foods                 dn  $ 0.13     at $ 24.25

Nutrien Ltd.                     up  $ 1.23     at $ 73.78

RB Global Inc.                   dn  $ 0.67     at $ 85.73

(All figures are in Canadian dollars.)