By MarketsFarm
WINNIPEG, Aug. 27 (MarketsFarm) – The Canadian dollar edged higher on Tuesday, amid improving global economic sentiment.
The Canadian dollar closed at US$0.7537 or US$1=C$1.3267, which compares with Monday’s close of US$0.7531, or US$1=C$1.3279.
West Texas Intermediate crude oil increased by more than a dollar on the day, nearing US$55 per barrel, which contributed to the strength in the energy-linked currency.
The TSX Composite Index was higher, gaining 84.80 points, or 0.53 per cent, to close at 16,183.59 points.
Canada’s agricultural sector performed as follows:
Buhler Industries—————- $ 0.00 at $ 2.64
Linamar Corp.——————–dn $ 0.94 at $ 38.57
Maple Leaf Foods—————–dn $ 0.33 at $ 31.72
Nutrien Ltd.———————up $ 0.22 at $ 64.85
Ritchie Bros Auctioneers Inc.—-dn $ 0.51 at $ 51.55
Rocky Mountain Dealerships Inc.–dn $ 0.02 at $ 6.52
(All figures are in Canadian dollars.)
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