By Commodity News Service Canada
WINNIPEG, Oct. 22 (CNS) – The Canadian dollar was little
changed Tuesday despite dropping world markets.
The Canadian dollar settled Tuesday at US$0.7635 or
C$1.3098, compared to Monday’s North American close of US$0.7631
or C$1.3105.
Oil prices dropped Tuesday, as a sell-off in global equity
markets, due to rising geo-political tensions over Saudi Arabia,
spilled over into the oil market. Brent crude lost US$3.39 per
barrel to settle at US$76.44 per barrel. West Texas Intermediate
crude fell US$2.93 per barrel to US$65.74 per barrel.
Gold prices rose Tuesday, as a sell-off in the equity
markets pushed investors to buy gold. Spot gold added 0.7 per
cent to US$1,230.51 per ounce.
In Toronto, the S&P/TSX Composite closed lower Tuesday,
falling 139.30 points, or 0.90 per cent, to settle at 15,273.40.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients———up $ 0.04 at $ 17.61
Buhler Industries—————-unchanged at $ 3.60
Linamar Crop.——————–up $ 1.81 at $ 54.29
Maple Leaf Foods—————–dn $ 0.43 at $ 33.02
Nutrien Ltd.———————dn $ 2.42 at $ 69.14
Ritchie Bros Auctioneers Inc.—-dn $ 0.27 at $ 42.83
Rocky Mountain Dealerships Inc.–db $ 0.04 at $ 9.84
(All figures are in Canadian dollars.)
