By MarketsFarm
WINNIPEG, Dec. 23 (MarketsFarm) – The Canadian dollar was stronger at Wednesday’s close.
The dollar finished the day at US$0.7778 or US$1=C$1.2856, compared to Tuesday when it closed at US$0.7747 or US$1=C$1.2908.
Global stock indices were higher on Wednesday, after United States President Donald Trump said he may not sign the stimulus package into law, requesting Congress increase the US$600 stimulus payments to US$2,000. The TSX closed up by 41.11 points at 17,593.57.
Benchmark crude oil prices were slightly stronger on the day. West Texas Intermediate (WTI) was up by US$1.05 to close at US$48.07. Brent Crude gained US$1.05 at US$51.13.
Canada’s agricultural sector fared as follows:
Buhler Int. unchanged at $ 2.72
Linamar Corp. up $ 1.62 at $ 69.29
Maple Leaf Foods dn $ 0.23 at $ 28.27
Nutrien Ltd. up $ 0.27 at $ 60.42
Ritchie Bros Auctioneers Inc. up $ 0.57 at $ 91.11
Rocky Mountain Dealerships Inc. unchanged at $ 7.40
(All figures are in Canadian dollars.)
