By MarketsFarm
WINNIPEG, Sept. 30 (MarketsFarm) – The Canadian dollar was higher at midweek, along with a generally stronger tone for global stock indices.
The dollar finished the day at US$0.7497 or US$1=C$1.3339, compared to Tuesday when it closed at US$0.7468 or US$1=C$1.3391.
Global stock indices were stronger following a contentious first presidential debate. U.S. Treasury Secretary Steven Mnuchin has said lawmakers are attempting to pass a second stimulus bill in the near future.
The TSX Composite Index lost 90.14 points to close at 16,121.38.
Benchmark crude oil prices were mixed due to reports of weak global demand. West Texas Intermediate (WTI) was up by 61 cents to close at US$39.90. Brent Crude was down eight cents at US$40.95.
Canada’s agricultural sector fared as follows:
Buhler Int. dn $ 0.03 at $ 2.26
Linamar Corp. dn $ 0.16 at $ 39.77
Maple Leaf Foods dn $ 0.61 at $ 27.15
Nutrien Ltd. up $ 0.66 at $ 52.21
Ritchie Bros Auctioneers Inc. dn $ 0.25 at $ 78.97
Rocky Mountain Dealerships Inc. dn $ 0.01 at $ 5.24
(All figures are in Canadian dollars.)
