By MarketsFarm
WINNIPEG, Sept. 30 (MarketsFarm) – The Canadian dollar was mostly steady on Monday.
The dollar finished the day at US$0.7551 or US$1=C$1.3243, which compares with Friday’s close of US$0.7548 or US$1=C$1.3249.
Global equities were mixed due to renewed intensity to the trade war between the United States and China. Negotiations will continue in Washington in October.
The TSX Composite Index closed lower by 35.64 points at 16,658.63. The S&P 500 gained 14.89 to close at 2,976.69. Similarly, the Dow Jones gained 95.90 points to finish at 26,916.69. The NASDAQ was up 59.71 to finish at 7,999.34.
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Benchmark oil prices were slightly lower following reports that Aramco has fully restored its output following the attack on Sept. 14. Brent crude oil was down by US$1.16 to close at US$60.75 per barrel. West Texas Intermediate (WTI) crude oil was down by US$1.69 to close at US$54.22 per barrel.
Canada’s agricultural sector fared as follows:
Buhler Industries dn $ 0.02 at $ 3.73
Linamar Corp. up $ 0.48 at $ 43.07
Maple Leaf Foods dn $ 0.20 at $ 29.72
Nutrien Ltd. up $ 0.56 at $ 66.00
Ritchie Bros Auctioneers Inc. up $ 0.40 at $ 52.81
Rocky Mountain Dealerships Inc. up $ 0.12 at $ 7.18
(All figures are in Canadian dollars.)
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