The Canadian dollar was lower at market close Monday, despite an increase in the price of oil.
The Canadian dollar settled Monday at US$0.7559 or C$1.3230, compared to Friday’s North American close of US$0.7560 or C$1.3228.
Oil prices rose Monday, regaining some of the previous week’s losses, however gains were capped by uncertainty over global economic growth and signs of increasing supply. Brent crude added US$1.68 to settle at US$60.48 per barrel. U.S. West Texas Intermediate crude gained $1.21 to US$51.63 per barrel.
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Gold prices firmed Monday, supported by uncertainty over the future pace of U.S interest rate hikes and the outcome of the G20 summit later this week. Spot gold was mostly unchanged at US$1,222.70 per ounce. U.S. gold futures were steady at US$1,222.20 per ounce.
In Toronto, the S&P/TSX Composite was steady at market close Thursday. It fell 1.92 points, or 0.01 percent, to 15,012.65.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients———dn $ 0.43 at $ 14.83
Buhler Industries—————-unchanged at $ 3.75
Linamar Corp.——————–up $ 0.17 at $ 51.16
Maple Leaf Foods—————–dn $ 0.13 at $ 29.21
Nutrien Ltd.———————up $ 0.55 at $ 68.34
Ritchie Bros Auctioneers Inc.——up $ 0.79 at $ 45.95
Rocky Mountain Dealerships Inc.—-dn $ 0.07 at $ 9.32
(All figures are in Canadian dollars.)
