Canadian Financial Close: Loonie stays put to end the week

Glacier FarmMedia | MarketsFarm – While the Canadian dollar declined during the week, it held steady on Friday.

The loonie closed at US$0.7138 or US$1=C$1.4010 on Friday, unchanged from the day before.

The U.S. Dollar Index dropped 0.30 of a point at 105.75. U.S. markets were open for part of Friday.

Crude oil dipped lower on Friday due to the ongoing Israel-Lebanon ceasefire and the delay to the OPEC+ supply meeting until Dec. 5. Brent crude oil lost US$0.34 at US$72.94 per barrel. West Texas Intermediate was down US$0.72 at US$68.00/barrel.

The TSX/S&P Composite Index gained 104.48 points at 25,648.00.

Gold added $9.10 per ounce at US$2,673.90.

Canada’s agricultural sector fared as follows:

Buhler Ind.                      unchanged      at $  2.95

Farmer’s Edge Inc.               unchanged      at $  0.345

Linamar Corp.                    up  $ 0.73     at $ 61.47

Maple Leaf Foods                 dn  $ 0.38     at $ 22.75

Nutrien Ltd.                     up  $ 0.04     at $ 65.40

RB Global Inc.                   up  $ 0.78     at $138.34

(All figures are in Canadian dollars.)