By Commodity News Service Canada
WINNIPEG, Oct. 24 (CNS) – The Canadian dollar closed higher
Wednesday, despite a large drop in the stock market.
The Canadian dollar settled Wednesday at US$0.7675 or
C$1.3029, compared to Tuesday’s North American close of
US$0.7635 or C$1.3098.
Oil prices were mixed Wednesday, rebounding following
several days of losses. Brent crude lost 27 U.S. cents to settle
at US$76.17 per barrel. West Texas Intermediate crude gained 39
U.S. cents to US$66.82 per barrel.
Gold prices fell Wednesday, following days of gains. United
States gold futures lost 0.26 per cent to US$1,233.60 per ounce.
In Toronto, the S&P/TSX Composite closed lower Wednesday,
dropping after the Bank of Canada raised its key interest rate
to 1.75 per cent. It fell 376.04 points, or 2.46 per cent, to
settle at 14,909.13.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients———up $ 0.01 at $ 17.62
Buhler Industries—————-unchanged at $ 3.60
Linamar Crop.——————–dn $ 2.46 at $ 51.83
Maple Leaf Foods—————–dn $ 0.44 at $ 32.58
Nutrien Ltd.———————dn $ 2.94 at $ 66.20
Ritchie Bros Auctioneers Inc.—-dn $ 0.96 at $ 41.87
Rocky Mountain Dealerships Inc.–dn $ 0.09 at $ 9.75
(All figures are in Canadian dollars.)
