By Commodity News Service Canada
WINNIPEG, Dec. 13 (CNS) – The Canadian dollar was weaker at market close, dragged down by a drop in the stock market.
The Canadian dollar settled Thursday at US$0.7486 or C$1.3359, compared to Wednesday’s North American close of US$0.7493 or C$1.3346.
Oil prices rose Thursday, supported by United States inventory declines. U.S. light crude gained 79 U.S. cents to US$51.94 per barrel. Brent crude futures rose 57 U.S. cents to US$60.72 per barrel.
Gold prices eased Thursday, dragged down by a rising American dollar. Spot gold lost 0.3 per cent to US$1,242.60 per ounce. U.S. gold futures fell 0.2 per cent to US$1,247.40 per ounce.
In Toronto, the S&P/TSX Composite was weaker at market close. The S&P/TSX lost 32.71 points, or 0.22 per cent, to 14,750.35.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients———dn $ 0.18 at $ 17.00
Buhler Industries—————-unchanged at $ 3.60
Linamar Corp.——————–up $ 0.46 at $ 44.99
Maple Leaf Foods—————–up $ 0.49 at $ 28.52
Nutrien Ltd.———————dn $ 0.72 at $ 62.78
Ritchie Bros Auctioneers Inc.——dn $ 0.38 at $ 43.29
Rocky Mountain Dealerships Inc.—-dn $ 0.28 at $ 8.49
(All figures are in Canadian dollars.)