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Canadian Financial Close: Dollar down with stock markets

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Published: October 18, 2018

By Commodity News Service Canada

WINNIPEG, Oct. 18 (CNS) – The Canadian dollar closed lower
Thursday, as global equity markets dropped.

The Canadian dollar settled Thursday at US$0.7659 or
C$1.3057, compared to Wednesday’s North American close of
US$0.7696 or C$1.2994.

Oil prices fell Thursday, as global equity markets dropped.
Brent crude fell 29 U.S. cents to US$79.76 per barrel.

Gold prices rose Thursday, as a downturn in global equity
markets sent traders running for gold. Spot gold gained 0.3 per
cent to US$1,226.11 per ounce, while U.S. gold futures added 2.7
per cent to US$1,230.10 per ounce.

In Toronto, the S&P/TSX Composite closed lower Thursday,
falling 130.87 points, or 0.84 per cent, to settle at 15,399.03.

Canada’s agricultural sector performed as follows:

AGT Food and Ingredients———dn $ 0.07 at $ 17.73
Buhler Industries—————-unchanged at $ 3.60
Linamar Crop.——————–dn $ 1.21 at $ 54.96
Maple Leaf Foods—————–up $ 0.25 at $ 32.37
Nutrien Ltd.———————up $ 0.24 at $ 72.47
Ritchie Bros Auctioneers Inc.—-dn $ 0.34 at $ 43.53
Rocky Mountain Dealerships Inc.–dn $ 0.03 at $ 10.19

(All figures are in Canadian dollars.)

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