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Canadian Financial Close: Loonie up, crude oil steady

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Glacier FarmMedia | MarketsFarm – The Canadian dollar bounced back on Wednesday while staying above 71 United States cents.

The loonie closed at US$0.7125 or US$1=C$1.4036, compared to US$0.7101 or US$1=C$1.4082 on Tuesday. The U.S. Dollar Index fell 0.89 of a point at 106.12. U.S. markets will be closed on Thursday due to the Thanksgiving Day holiday.

Crude oil stayed mostly steady. Brent crude oil added US$0.08 at US$72.89 per barrel. West Texas Intermediate remained at US$68.77/barrel.

The TSX/S&P Composite Index gained 83.16 points at 25,488.30.

Gold increased $15.90 per ounce at US$2,637.20.

Canada’s agricultural sector fared as follows:

Buhler Ind.                      unchanged      at $  2.88

Farmer’s Edge Inc.               unchanged      at $  0.345

Linamar Corp.                    up  $ 0.30     at $ 60.15

Maple Leaf Foods                 up  $ 0.14     at $ 22.90

Nutrien Ltd.                     up  $ 0.08     at $ 64.63

RB Global Inc.                   dn  $ 0.74     at $136.85

(All figures are in Canadian dollars.)