By Commodity News Service Canada
WINNIPEG, Oct. 17 (CNS) – The Canadian dollar closed lower
Wednesday, following two days of gains.
The Canadian dollar settled Wednesday at US$0.7696 or
C$1.2994, compared to Tuesday’s North American close of
US$0.7729 or C$1.2938.
Oil prices fell Wednesday, after United States crude
stockpiles tripled what analysts had forecasted. U.S. West Texas
Intermediate crude lost US$2.17 to US$69.75 per barrel, while
Brent crude fell 63 US$1.36 to US$80.05 per barrel.
Gold prices edged lower Wednesday after the U.S. dollar
strengthened. Spot gold lost 0.1 per cent to US$1,222.56 per
ounce, while U.S. gold futures for December delivery fell 0.29
per cent to US$1,227.4 per ounce.
In Toronto, the S&P/TSX Composite closed lower Wednesday,
falling 49.84 points, or 0.32 per cent, to settle at 15,529.90.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients———dn $ 0.07 at $ 17.73
Buhler Industries—————-unchanged at $ 3.60
Linamar Crop.——————–dn $ 1.21 at $ 54.96
Maple Leaf Foods—————–up $ 0.25 at $ 32.37
Nutrien Ltd.———————up $ 0.24 at $ 72.47
Ritchie Bros Auctioneers Inc.—-dn $ 0.34 at $ 43.53
Rocky Mountain Dealerships Inc.–dn $ 0.03 at $ 10.19
(All figures are in Canadian dollars.)
