By Commodity News Service Canada
WINNIPEG, Nov. 7 (CNS Canada) – The Canadian dollar was
slightly stronger at market close Wednesday.
The loonie closed at US$0.7636 or US$1=C$1.3096, which
compares with Tuesday’s close of US$0.7616 or C$1.3130.
The S&P/TSX Composite Index closed at 15,369.43, up 76.72
points.
With the Democrats now in control of the United States
House of Representatives, following the country’s mid-term
elections, there is uncertainty of how this will affect
ratification of the U.S.-Mexico-Canada Agreement. The trade deal
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November. During the coming weeks, it is expected Democrats may
extract concessions from U.S. President Donald Trump, who has
made USMCA one of his top priorities.
West Texas Intermediate crude oil continued to fall,
dropping 0.56 U.S. cents to close Wednesday at US$61.66 per
barrel.
Gold rose 1.4 U.S. cents to US$1,227.70 per ounce.
Canada’s agricultural sector faired as follows:
AGT Food and Ingredients———unchanged at $ 17.76
Buhler Industries—————-up $ 0.04 at $ 3.90
Linamar Crop.——————–dn $ 1.11 at $ 53.73
Maple Leaf Foods—————–up $ 0.43 at $ 30.03
Nutrien Ltd.———————up $ 0.52 at $ 75.22
Ritchie Bros Auctioneers Inc.—-up $ 0.55 at $ 43.66
Rocky Mountain Dealerships Inc.–dn $ 0.78 at $ 9.47
(All figures are in Canadian dollars.)
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