By Markets Farm
WINNIPEG, March 13 (MarketsFarm) – The Canadian dollar was up at market close on Wednesday along with the Toronto Stock Exchange (TSX).
The dollar finished Wednesday at US$0.7504 or US$1=C$1.3326, which compares with Tuesday’s close of US$0.7475 or C$1.3378.
The TSX rose 13.31 points to finish Wednesday at 16,149.97 points with support from healthcare and energy stocks.
Healthcare stocks also helped United States markets finish trading in the green. The Dow Jones was up 148.29 points to finish at 25,702.95 points. The NASDAQ gained 52.38 points to end the day at 7,643.41 points. The S&P 500 rose 19.42 points to wrap up Wednesday at 2,810.94 points.
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Benchmark oil prices were up Wednesday with reports falling U.S. inventories and the U.S Energy Information Administration lowering its estimate of growth in the global crude oil supply. Brent crude oil rose 97 cents to close at US$67.64 per barrel. West Texas Intermediate crude oil was up US$1.48 to close at US$58.35 per barrel.
Gold was up US$12.70 on Wednesday to US$1,310.80 per ounce.
Canada’s agricultural sector faired as follows:
AGT Food and Ingredients dn $ 0.03 at $ 17.78
Buhler Industries unchanged at $ 3.61
Linamar Corp. dn $ 0.64 at $ 47.93
Maple Leaf Foods up $ 0.11 at $ 27.25
Nutrien Ltd. dn $ 0.15 at $ 71.68
Ritchie Bros Auctioneers Inc. up $ 0.23 at $ 45.04
Rocky Mountain Dealerships Inc. up $ 0.01 at $ 8.74
(All figures are in Canadian dollars.)
