By Commodity News Service Canada
WINNIPEG, Oct. 10 (CNS) – The Canadian dollar closed lower
Wednesday, as the TSX, along with other global stock markets,
plunged in value.
The Canadian dollar settled Wednesday at US$0.7697 or
C$1.2992, compared to Tuesday’s North American close of
US$0.7713 or C$1.2965.
Oil prices fell Wednesday as United States equity markets
dropped as traders worried about shrinking oil supply from Iran
and reduced oil from the Gulf of Mexico due to Hurricane
Michael. U.S. West Texas Intermediate crude lost US$1.68 to
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Gold prices rose Wednesday as the U.S. dollar weakened and
global stocks dropped. Spot gold gained 0.2 per cent to
US$1,191.84 per ounce, while U.S. gold futures for December
delivery added 0.16 per cent to US$1,193.40 per ounce.
In Toronto, the S&P/TSX Composite dropped in value
Wednesday, falling 336.65 points, or 2.12 per cent, to settle at
15,517.40.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients———dn $ 0.10 at $ 17.62
Buhler Industries—————-unchanged at $ 3.60
Linamar Crop.——————–dn $ 1.19 at $ 56.88
Maple Leaf Foods—————–up $ 0.34 at $ 33.42
Nutrien Ltd.———————dn $ 0.53 at $ 74.54
Ritchie Bros Auctioneers Inc.—-dn $ 2.15 at $ 45.14
Rocky Mountain Dealerships Inc.–dn $ 0.03 at $ 10.09
(All figures are in Canadian dollars.)
