By MarketsFarm
WINNIPEG, June 27 (MarketsFarm) – The Canadian dollar was up at market close on Thursday.
The dollar finished the day at US$0.7627 or US$1=C$1.3111, which compares with Wednesday’s close of US$0.7616 or US$1=C$1.3130.
The TSX/S&P Composite Index was down 4.49 points on Wednesday to finish at 16,307.73, despite strong performance by Air Canada, following the announcement that Transat AT accepted Air Canada’s $520 million bid to purchase the company.
Stock markets were generally choppy ahead of United States President Donald Trump’s meeting with Chinese President Xi Jinping.
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The NASDAQ was up 57.79 at 7,967.76 points. Conversely, the Dow Jones was down 10.24 points to close at 26,526.58. The S&P 500 Index was up by 11.14 points to at 2,924.92 points.
Benchmark oil prices were slightly weaker Thursday. Brent crude oil was down by 14 cents to close at US$66.35 per barrel. West Texas Intermediate (WTI) crude oil lost two cents to close at US$59.36 per barrel.
Canada’s agricultural sector fared as follows:
Buhler Industries dn $ 0.02 at $ 3.94
Linamar Corp. up $ 0.07 at $ 48.07
Maple Leaf Foods dn $ 0.10 at $ 28.77
Nutrien Ltd. dn $ 0.50 at $ 70.30
Ritchie Bros Auctioneers Inc. dn $ 0.33 at $ 43.58
Rocky Mountain Dealerships Inc. dn $ 0.19 at $ 7.61
(All figures are in Canadian dollars.)
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