By MarketsFarm
WINNIPEG, June 30 (MarketsFarm) – The Canadian dollar was firmer on Friday, finding support from gains in crude oil ahead of the Canada Day long weekend.
The Canadian dollar settled at US$0.7553 or US$1=C$1.3240 on Friday, which compares with Thursday’s close of US$0.7544 or US$1=C$1.3255.
Canada’s real domestic product held steady in April after a small 0.1 per cent rise the previous month, according to a report from Statistics Canada.
West Texas Intermediate was up by 0.87 per cent at US$70.47 per barrel.
The TSX Composite Index was stronger, gaining 242.12 points or 1.22 per cent to close at 20,155.29 points.
Canada’s agricultural sector performed as follows:
Buhler Ind.———————- $ 0.00 at $ 2.05
Linamar Corp.——————–up $ 0.80 at $ 69.62
Maple Leaf Foods—————–up $ 0.16 at $ 25.88
Nutrien Ltd.———————up $ 0.12 at $ 78.21
Ritchie Bros Auctioneers Inc.—-up $ 1.02 at $ 79.50
Farmers Edge Inc.—————-up $ 0.015 at $ 0.20
(All figures are in Canadian dollars.)
