By MarketsFarm
WINNIPEG, June 26 (MarketsFarm) – The Canadian dollar was up at market close on Wednesday.
The dollar finished the day at US$0.7616 or US$1=C$1.3130, which compares with Tuesday’s close of US$0.7591 or C$1.3174.
The TSX/S&P Composite Index was down 59.06 points on Wednesday to finish at 16,312.22, despite strong crude oil prices lifting the energy sector.
Benchmark oil prices were stronger Wednesday. Brent crude oil was up US$1.20 to close at US$66.25 per barrel. West Texas Intermediate (WTI) crude oil gained US$1.39 to close at US$59.22 per barrel.
As of June 25, Western Canadian Select (WCS) crude oil was up 38 cents at US$44.85 per barrel. The price differential between WCS and WTI decreased by 49 cents yesterday to US$12.74 per barrel.
Gold was weaker on Wednesday to close at US$1,412.90 per ounce.
Canada’s agricultural sector fared as follows:
Buhler Industries unchanged at $ 3.96
Linamar Corp. up $ 0.56 at $ 48.00
Maple Leaf Foods dn $ 0.72 at $ 28.87
Nutrien Ltd. dn $ 0.45 at $ 70.80
Ritchie Bros Auctioneers Inc. dn $ 0.61 at $ 43.91
Rocky Mountain Dealerships Inc. dn $ 0.05 at $ 7.80
(All figures are in Canadian dollars.)
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