By MarketsFarm
WINNIPEG, Aug. 12 (MarketsFarm) – The Canadian dollar was slightly weaker at Friday’s close, seeing a modest correction after hitting its highest level in two months relative to its United States counterpart.
The Canadian dollar settled at US$0.7823 or US$1=C$1.2783 on Friday, which compares with Thursday’s close of US$0.7841 or US$1=C$1.2753.
Crude oil was weaker on Friday, accounting for some of the selling pressure in the energy-linked currency. West Texas Intermediate crude oil was down by 2.58 per cent at US$91.91 per barrel.
The TSX Composite Index was up by 187.93 points, or 0.94 per cent, to close at 20,179.81 points.
Canada’s agricultural sector performed as follows:
Buhler Ind.———————-up $ 0.05 at $ 2.22
Linamar Corp.——————–dn $ 1.89 at $ 64.69
Maple Leaf Foods—————–up $ 0.53 at $ 23.08
Nutrien Ltd.———————up $ 2.29 at $117.91
Ritchie Bros Auctioneers Inc.—-up $ 1.73 at $ 91.08
Farmers Edge Inc.—————-dn $ 0.12 at $ 1.08
(All figures are in Canadian dollars.)
