By MarketsFarm
WINNIPEG, Nov. 27 (MarketsFarm) – The Canadian dollar was slightly firmer on Wednesday, as investors squared positions ahead of the United States Thanksgiving holiday.
The Canadian dollar closed at US$0.7531 or US$1=C$1.3278, which compares with Tuesday’s close of US$0.7526, or US$1=C$1.3288.
Increasing optimism that a tentative trade deal between the U.S. and China could be reached before new tariffs go into effect in mid-December helped underpin world equities on Wednesday.
The TSX Composite Index was stronger, gaining 64.69 points, or 0.38 per cent, to close at 17,100.57 points.
Canada’s agricultural sector performed as follows:
Buhler Industries—————-dn $ 0.03 at $ 3.60
Linamar Corp.——————–up $ 0.71 at $ 44.98
Maple Leaf Foods—————–up $ 0.15 at $ 24.33
Nutrien Ltd.———————up $ 0.37 at $ 62.61
Ritchie Bros Auctioneers Inc.—-up $ 0.43 at $ 57.66
Rocky Mountain Dealerships Inc.–up $ 0.08 at $ 6.45
(All figures are in Canadian dollars.)
