By Commodity News Service Canada
WINNIPEG, Nov. 30 (CNS) – The Canadian dollar was weaker at market close, dragged down by a drop in the price of oil.
The Canadian dollar settled Friday at US$0.7518 or C$1.3301, compared to Thursday’s North American close of US$0.7533 or C$1.3275.
Oil prices were lower Friday over concerns of oversupply. Brent crude lost 40 U.S. cents to settle at US$58.71 per barrel. U.S. West Texas Intermediate crude fell 52 U.S. cents to US$50.93 per barrel.
Gold prices were unchanged Friday. Spot gold sat at US$1,223 per ounce.
In Toronto, the S&P/TSX Composite was stronger at market close Friday, supported by gains for mining and finance stocks. It gained 3.78 points, or 0.02 percent, to 15,197.82.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients———dn $ 0.03 at $ 15.49
Buhler Industries—————-unchanged at $ 3.69
Linamar Corp.——————–up $ 0.17 at $ 48.17
Maple Leaf Foods—————–up $ 0.26 at $ 29.54
Nutrien Ltd.———————up $ 0.28 at $ 68.44
Ritchie Bros Auctioneers Inc.——dn $ 0.61 at $ 46.20
Rocky Mountain Dealerships Inc.—-up $ 0.07 at $ 9.21
(All figures are in Canadian dollars.)
