By Commodity News Service Canada
WINNIPEG, Dec. 11 (CNS) – The Canadian dollar was weaker at market close Tuesday, continuing its downward trend as tensions continued to mount between China and Canada.
The Canadian dollar settled Tuesday at US$0.7462 or C$1.3402, compared to Monday’s North American close of US$0.7474 or C$1.3379.
Oil prices rose Tuesday, as stock markets weakened over the possible threat of a United States government shutdown. U.S. West Texas Intermediate crude gained 65 U.S. cents to US$51.65 per barrel. Brent crude futures rose 23 U.S. cents to US$60.20 per barrel.
In Toronto, the S&P/TSX Composite was weaker at market close. The S&P/TSX lost 66.45 points, or 0.41 percent, to 14,667.83.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients———dn $ 0.13 at $ 17.30
Buhler Industries—————-dn $ 0.01 at $ 3.60
Linamar Corp.——————–dn $ 0.18 at $ 44.01
Maple Leaf Foods—————–dn $ 0.25 at $ 28.17
Nutrien Ltd.———————dn $ 1.51 at $ 63.98
Ritchie Bros Auctioneers Inc.——dn $ 0.55 at $ 44.03
Rocky Mountain Dealerships Inc.—-up $ 0.08 at $ 8.61
(All figures are in Canadian dollars.)
