WINNIPEG – The Canadian dollar was stronger on Monday, as easing trade tensions between the United States and China had investors showing more interest in riskier assets.
The Canadian dollar closed at US$0.7531 or US$1=C$1.3279, which compares with Friday’s close of US$0.7513, or US$1=C$1.3310.
North American equity markets were stronger on Monday, with both U.S. and Chinese officials calling for ‘calm’ negotiations going forward.
The TSX Composite Index was higher, gaining 61.21 points, or 0.38 per cent, to close at 16,098.79 points.
Canada’s agricultural sector performed as follows:
Buhler Industries—————-dn $ 0.03 at $ 2.64
Linamar Corp.——————–up $ 0.30 at $ 39.51
Maple Leaf Foods—————– $ 0.00 at $ 32.05
Nutrien Ltd.———————up $ 0.75 at $ 64.63
Ritchie Bros Auctioneers Inc.—-up $ 0.07 at $ 52.06
Rocky Mountain Dealerships Inc.—dn $ 0.02 at $ 6.54
(All figures are in Canadian dollars.)
