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Canadian Financial Close: Loonie up, TSX hits all-time high

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Glacier FarmMedia MarketsFarm – The Canadian dollar stepped up on Wednesday.

The loonie was at US$0.7262 or US$1=C$1.3771, compared to US$0.7244 or US$1=C$1.3805 on Tuesday. The United States Dollar Index was up 0.30 of a point at 103.56.

Crude oil was mixed one day after Israel said it will not attack Iranian crude oil facilities. West Texas Intermediate (WTI) was down US$0.04 at US$70.54 per barrel. Brent crude oil gained US$0.12 at US$74.37/barrel.

The TSX/S&P Composite Index hit an all-time high at 24,603.11 on Wednesday before settling at 24,561.20, up 122.12 points from Tuesday.

Gold jumped US$11.60 at US$2,690.50 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  $ 0.43     at $ 64.22

Maple Leaf Foods                 dn  $ 0.07     at $ 22.14

Nutrien Ltd.                     dn  $ 0.06     at $ 66.02

RB Global Inc.                   dn  $ 3.22     at $108.21

(All figures are in Canadian dollars.)