By MarketsFarm
WINNIPEG, Jan. 3 (MarketsFarm) – The Canadian dollar was steady on Friday, as mounting tensions between the United States and Iran had investors showing caution and looking to safer havens.
The Canadian dollar closed at US$0.7699 or US$1=C$1.2988, which compares with Thursday’s North American close of US$0.7697 or C$1.2992.
Crude oil was up sharply on the day following news that the U.S. killed a top Iranian general in a drone-strike while Iran vowed retaliation.
The TSX Composite Index was weaker, losing 33.83 points, or 0.20 per cent, to close at 17,066.12 points.
Canada’s agricultural sector performed as follows:
Buhler Industries—————-dn $ 0.14 at $ 2.79
Linamar Corp.——————–dn $ 0.24 at $ 49.06
Maple Leaf Foods—————–up $ 0.04 at $ 25.40
Nutrien Ltd.———————dn $ 0.62 at $ 60.84
Ritchie Bros Auctioneers Inc.—-up $ 0.03 at $ 55.80
Rocky Mountain Dealerships Inc.–up $ 0.03 at $ 6.58
(All figures are in Canadian dollars.)
