By MarketsFarm
WINNIPEG, July 4 (MarketsFarm) – The Canadian dollar was slightly stronger at market close on Thursday.
The dollar finished the day at US$0.7658 or US$1=C$1.3059, which compares with Tuesday’s close of US$0.7649 or US$1=C$1.3073.
Global stock markets traded in narrow ranges on Thursday as Wall Street was closed for Independence Day. Market participants will be closely watching the U.S. Department of Labor’s monthly jobs report, which will be released on Friday.
The TSX/S&P Composite Index was up by 12.65 points on Thursday to finish at 16,588.85.
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Benchmark oil prices took a hit during a volatile week, following reports that United States stockpiles did not drop as much as originally expected. Brent crude oil was down by 64 cents to close at US$63.18 per barrel. West Texas Intermediate (WTI) crude oil lost 54 cents to close at US$56.80 per barrel.
Canada’s agricultural sector fared as follows:
Buhler Industries dn $ 0.04 at $ 3.91
Linamar Corp. dn $ 0.32 at $ 46.78
Maple Leaf Foods dn $ 0.06 at $ 28.78
Nutrien Ltd. dn $ 0.02 at $ 70.12
Ritchie Bros Auctioneers Inc. up $ 0.27 at $ 44.39
Rocky Mountain Dealerships Inc. dn $ 0.22 at $ 7.68
(All figures are in Canadian dollars.)
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