By Commodity News Service Canada
WINNIPEG, Aug 24 (CNS) – The Canadian dollar closed higher
Friday, as gains in the price of oil, gold and the stock market
supported it.
The Canadian dollar settled Friday at US$0.7671 or
C$1.3036, compared to Thursday’s North American close of
US$0.7655 or C$1.3063.
Oil prices rose Friday, gains were tempered though as the
market remained on edge about potential oversupply. Brent crude
futures gained US$1.01 to US$75.73 per barrel. U.S West Texas
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Gold prices rose Friday, taking support from a lower
American dollar. Spot gold gained 1.8 per cent to US$1,206.14
per ounce. U.S. gold futures for December delivery added 1.6 per
cent to US$1,213.30 per ounce.
In Toronto, the S&P/TSX Composite closed higher Thursday,
rising 29.26 points, or 0.18 per cent, to settle at 16,356.05.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients———up $ 0.24 at $ 18.70
Buhler Industries—————-unchanged at $ 3.60
Linamar Crop.——————–dn $ 0.96 at $ 52.39
Maple Leaf Foods—————–dn $ 0.16 at $ 31.37
Nutrien Ltd.———————dn $ 0.09 at $ 71.95
Ritchie Bros Auctioneers Inc.—-dn $ 0.14 at $ 49.76
Rocky Mountain Dealerships Inc.–dn $ 0.09 at $ 10.21
(All figures are in Canadian dollars.)
