By Commodity News Service Canada
WINNIPEG, Feb. 20 (CNS Canada) – The Canadian dollar was up at market close on Wednesday along with the Toronto Stock Exchange.
The dollar finished Wednesday at US$0.7594 or US$1=C$1.3169, which compares with Tuesday’s close of US$0.7554 or C$1.3238.
The S&P/TSX Composite Index was up 93.80 points to finish Tuesday at 16.031.24 points. The TSX has not exceeded the 16,000 mark since October 2018.
The stock markets in the United States were up, with cautious optimism towards the U.S./China trade talks in Washington, D.C., which involved lower-level officials. High-level trade talks begin on Thursday.
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The Dow Jones was up 63.12 points to close Wednesday at 25,954.44 points. The NASDAQ rose 2.30 points to end trading at 7,489.07 points. The S&P 500 edged upward 4.94 points reaching 2,794.70 points.
Benchmark oil prices were mixed on Tuesday. West Texas Intermediate crude oil was up 71 cents to close at US$57.16 per barrel. Brent crude oil gained 58 cents to close at US$67.03 per barrel.
Gold fell US$2.80 on Tuesday to US$1,342.00 per ounce.
Canada’s agricultural sector faired as follows:
AGT Food and Ingredients———up $ 0.01 at $ 17.86
Buhler Industries—————-up $ 0.01 at $ 3.62
Linamar Corp.——————–up $ 0.58 at $ 51.22
Maple Leaf Foods—————–dn $ 0.09 at $ 29.66
Nutrien Ltd.———————up $ 1.23 at $ 71.72
Ritchie Bros Auctioneers Inc.—-dn $ 0.05 at $ 48.16
Rocky Mountain Dealerships Inc.–up $ 0.03 at $ 8.98
(All figures are in Canadian dollars.)
