Canadian Financial Close: Loonie unchanged as TSX up, U.S. markets mixed

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Published: December 28, 2018

By Commodity News Service Canada

WINNIPEG, Dec. 28 (CNS Canada) – The Canadian dollar was virtually unchanged at market close Friday as the Toronto Stock Exchange saw a 0.40 per cent increase.
The dollar closed at US$0.7332 or US$1=C$1.3638, which compares with Thursday’s close of US$0.7331 or C$1.3641.
The S&P/TSX Composite Index closed Friday at 14,222.00 up by 56.79 points.
Volatility ruled the stock markets in the United States on Friday. After a strong start the S&P500 dropped 0.34 per cent and the Dow Jones fell 0.54 per cent. However the NASDAQ gained 0.08 per cent.
Oil was up Friday as West Texas Intermediate crude oil rose by 54 cents to close at US$45.15 per barrel.
Gold was up Friday by US$1.40 to US$1,282.50 per ounce.

Canada’s agricultural sector faired as follows:

AGT Food and Ingredients———up $ 0.80 at $ 16.33
Buhler Industries—————-up $ 0.26 at $ 3.86
Linamar Corp.——————–dn $ 0.08 at $ 45.05
Maple Leaf Foods—————–dn $ 0.03 at $ 27.12
Nutrien Ltd.———————dn $ 2.00 at $ 59.97
Ritchie Bros Auctioneers Inc.—-up $ 0.33 at $ 44.33
Rocky Mountain Dealerships Inc.–up $ 0.23 at $ 8.68

(All figures are in Canadian dollars.)

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