WINNIPEG– The Canadian dollar moved a little closer to the 80-cent United States mark on Thursday.
The loonie was at US$0.7957 or US$1=C$1.2567 on Thursday, up from Wednesday’s close at US$0.7943 or US$1=C$1.2589. The United States Dollar Index was up 0.11 points at 92.87.
Benchmark crude oil prices rose for the second straight day. Brent crude oil jumped US$1.39 per barrel to US$73.62. West Texas Intermediate (WTI) crude oil increased US$1.43 to US$71.73/barrel. Western Canadian Select (WCS) crude oil gained US$0.88 to US$57.68/barrel.
The TSX/S&P Composite Index slipped back 12.53 points to 20.097.52.
Gold bounced back US$3.31 per ounce to US$1,806.98.
Canada’s agricultural sector fared as follows:
Buhler Industries unchanged at $ 3.10
Farmer’s Edge Inc. dn $ 0.18 at $ 9.85
Linamar Corp. dn $ 0.51 at $ 73.33
Maple Leaf Foods dn $ 0.24 at $ 24.76
Nutrien Ltd. dn $ 0.16 at $ 74.82
Ritchie Bros Auctioneers Inc. dn $ 0.13 at $ 76.34
(All figures are in Canadian dollars.)
