By MarketsFarm
WINNIPEG, Dec. 29 (MarketsFarm) – The Canadian dollar was stronger at Tuesday’s close.
The dollar finished the day at US$0.7791 or US$1=C$1.2835, compared to Thursday when it closed at US$0.7809 or US$1=C$1.2806.
Global stock indices were mixed on Tuesday as market participants turned cautious following United States President Donald Trump signed a US$900 billion COVID-19 economic relief package. The TSX closed down by 80.45 points at 17,543.43.
Benchmark crude oil prices were slightly stronger on the day. West Texas Intermediate (WTI) was up by 18 cents to close at US$48.30. Brent Crude was unchanged on the day at US$51.29.
Canada’s agricultural sector fared as follows:
Buhler Int. unchanged at $ 2.72
Linamar Corp. dn $ 0.61 at $ 68.13
Maple Leaf Foods dn $ 0.14 at $ 28.24
Nutrien Ltd. dn $ 0.24 at $ 60.41
Ritchie Bros Auctioneers Inc. dn $ 2.54 at $ 88.59
Rocky Mountain Dealerships Inc. unchanged at $ 7.40
(All figures are in Canadian dollars.)
