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Canadian Financial Close: Loonie down with TSX

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Published: October 5, 2018

By Commodity News Service Canada

WINNIPEG, Oct. 5 (CNS) – The Canadian dollar closed lower
Friday, following the lead of the stock market.

The Canadian dollar settled Friday at US$0.7730 or
C$1.2936, compared to Thursday’s North American close of
US$0.7752 or C$1.2900.

Oil prices steadied Friday after hitting four-year highs
earlier in the week ahead of United States sanctions against
Iran. Brent crude futures lost 42 U.S. cents to US$84.16 per
barrel. United States West Texas Intermediate crude gained one

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U.S. cent to US$74.34 per barrel.

Gold prices rose Friday, as the U.S. dollar softened after
new data showed U.S. job growth slowed last month. Spot gold
rose 0.2 per cent to US$1,201.82 per ounce, while U.S. gold
futures for December delivery gained 0.3 per cent to US$1,205.60
per ounce.

In Toronto, the S&P/TSX Composite closed lower Friday,
falling 49.51 points, or 0.31 per cent, to settle at 15,957.16.

Canada’s agricultural sector performed as follows:

AGT Food and Ingredients———dn $ 0.08 at $ 17.72
Buhler Industries—————-unchanged at $ 3.60
Linamar Crop.——————–dn $ 0.69 at $ 58.07
Maple Leaf Foods—————–up $ 0.34 at $ 33.08
Nutrien Ltd.———————up $ 0.08 at $ 75.07
Ritchie Bros Auctioneers Inc.—-up $ 0.48 at $ 47.29
Rocky Mountain Dealerships Inc.–dn $ 0.08 at $ 10.12

(All figures are in Canadian dollars.)

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