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Canadian Financial Close: C$ weakens

By MarketsFarm

WINNIPEG, Oct. 16 (MarketsFarm) – The Canadian dollar was firmer on Friday, seeing a modest correction after Thursday’s losses.
The Canadian dollar closed at US$0.7580 or US$1=C$1.3192, which compares with Thursday’s North American close of US$0.7559 or US$1=C$1.3230.
Renewed optimism over a possible COVID-19 vaccine provided some support for financial markets on Friday. However, the reintroduction of strict social-distancing measures in many jurisdictions.
West Texas Intermediate crude oil was down by 0.51 per cent, at US$40.75 per barrel.
The TSX Composite Index was down on the day, losing 62.28 points, or 0.38 per cent, to close at 16,438.75 points.

Canada’s agricultural sector performed as follows:

Buhler Industries—————- $ 0.00 at $ 2.49
Linamar Corp.——————–up $ 0.94 at $ 45.37
Maple Leaf Foods—————–dn $ 0.16 at $ 24.91
Nutrien Ltd.———————dn $ 0.55 at $ 52.98
Ritchie Bros Auctioneers Inc.—-up $ 0.78 at $ 84.75
Rocky Mountain Dealerships Inc.–dn $ 0.10 at $ 5.65

(All figures are in Canadian dollars.)

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