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Canadian Financial Close: C$ weakens

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Published: September 11, 2020

By MarketsFarm

WINNIPEG, Sept. 11 (MarketsFarm) – The Canadian dollar was slightly weaker on Friday.
The Canadian dollar closed at US$0.7584 or US$1=C$1.3186, which compares with Thursday’s North American close of US$0.7598 or US$1=C$1.3162.
Canada’s industrial capacity fell to a record low of 70.3 per cent in the second quarter, according to a report from Statistics Canada.
West Texas Intermediate crude oil was steady, rising only 0.1 per cent, at US$37.35 per barrel. U.S. crude oil stockpiles were unexpectedly higher compared to the previous month.
The TSX Composite Index was stronger, gaining 37.14 points, or 0.23 per cent, to close at 16,185.32 points.

Canada’s agricultural sector performed as follows:

Buhler Industries—————- $ 0.00 at $ 2.55
Linamar Corp.——————–dn $ 0.14 at $ 39.59
Maple Leaf Foods—————–dn $ 0.16 at $ 28.07
Nutrien Ltd.———————up $ 2.02 at $ 52.37
Ritchie Bros Auctioneers Inc.—-up $ 0.74 at $ 75.22
Rocky Mountain Dealerships Inc.–dn $ 0.06 at $ 5.54

(All figures are in Canadian dollars.)

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