By Commodity News Service Canada
WINNIPEG, Dec. 22 – The Canadian dollar closed lower Friday
ahead of the holiday weekend.
The Canadian dollar settled Friday at US$0.7838 or
C$1.2759, compared to Thursday’s North America close of
US$0.7853 or C$1.2734.
Bitcoin plunged by a quarter to below US$12,000 Friday as
investors dumped the cryptocurrency in manic trading after its
blistering ascent to a peak close of US$20,000 prompted warnings
by experts of a bubble.
Oil prices rose in light volumes Friday, steadying near
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Organization of Petroleum Exporting Countries (OPEC) leader
Saudi Arabia and non-OPEC member Russia that any exit from crude
output cuts would be gradual. Brent crude futures ended 35 cents
lower at US$62.25, its highest close since June 2015.
Gold bullion rose in trade Friday by $7.90 to US$1,278.50.
In Toronto, the S&P/TSX Composite Index was down near close
Friday. The S&P/TSX dropped 14.47, or 0.09 per cent, to
16,168.33.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.55 at $ 21.19
Agrium Incorporated———-up $ 0.45 at $143.67
Buhler Industries————unchanged at $ 4.60
Maple Leaf Foods————-dn $ 0.02 at $ 36.00
Potash Corp. of Sask———up $ 0.11 at $ 25.63
(All figures are in Canadian dollars.)
