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Canadian Financial Close: Loonie down, TSX continues to rise

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The Canadian dollar made a slight retreat on Thursday.

The loonie was at US$0.7252 or US$1=C$1.3789, compared to US$0.7262 or US$1=C$1.3771 on Wednesday. The United States Dollar Index was up 0.21 of a point at 103.80.

Crude oil made small gains after a drop in U.S. stockpiles and ongoing tensions in the Middle East. West Texas Intermediate (WTI) increased US$0.32 at US$70.71 per barrel. Brent crude oil gained US$0.28 at US$74.50/barrel.

The TSX/S&P Composite Index hit another all-time high at 24,704.44 on Thursday before settling at 24,690.48, rising 129.28 points from Wednesday.

Gold jumped US$15.90 at US$2,707.20 per ounce.

Canada’s agricultural sector fared as follows:

Buhler Ind.                      unchanged      at $  2.45

Farmer’s Edge Inc.               unchanged      at $  0.345

Linamar Corp.                    up  $ 0.95     at $ 65.17

Maple Leaf Foods                 up  $ 0.14     at $ 22.28

Nutrien Ltd.                     up  $ 0.61     at $ 66.63

RB Global Inc.                   up  $ 3.07     at $111.28

(All figures are in Canadian dollars.)