By MarketsFarm
WINNIPEG, Dec. 23 (MarketsFarm) – The Canadian dollar was slightly firmer on Monday, as investors squared positions ahead of the holidays.
The Canadian dollar closed at US$0.7599 or US$1=C$1.3160, which compares with Friday’s close of US$0.7596, or US$1=C$1.3164.
The Canadian economy contracted slightly in October, according to updated data from Statistics Canada. The country’s gross domestic product was down by 0.1 per cent on the month, marking the first downward move in eight months. Average pre-report guesses had been for a flat reading on the month.
The TSX Composite Index was stronger, gaining 10.27 points, or 0.06 per cent, to close at 17,128.71 points.
Canada’s agricultural sector performed as follows:
Buhler Industries—————- $ 0.00 at $ 3.60
Linamar Corp.——————–dn $ 0.42 at $ 49.35
Maple Leaf Foods—————– $ 0.00 at $ 25.59
Nutrien Ltd.———————dn $ 0.30 at $ 63.91
Ritchie Bros Auctioneers Inc.—-dn $ 0.46 at $ 56.83
Rocky Mountain Dealerships Inc.–up $ 0.08 at $ 6.41
(All figures are in Canadian dollars.)
