By MarketsFarm
WINNIPEG, Dec. 30 (MarketsFarm) – The Canadian dollar was stronger at Wednesday’s close.
The dollar finished the day at US$0.7831 or US$1=C$1.2769, compared to Tuesday when it closed at US$0.7809 or US$1=C$1.2806.
Global stock indices were higher on the day due to optimism regarding COVID-19 vaccines. The United Kingdom has approved the usage of AstraZeneca-Oxford’s COVID-19 vaccine. The TSX closed up by 2.38 points at 17,545.81.
Benchmark crude oil prices were slightly stronger on the day. West Texas Intermediate (WTI) was up by 52 cents to close at US$48.14. Brent Crude was up by 52 on the day at US$51.38.
Canada’s agricultural sector fared as follows:
Buhler Int. unchanged at $ 2.72
Linamar Corp. up $ 0.13 at $ 68.44
Maple Leaf Foods dn $ 0.01 at $ 28.23
Nutrien Ltd. dn $ 0.21 at $ 60.20
Ritchie Bros Auctioneers Inc. up $ 1.27 at $ 89.86
Rocky Mountain Dealerships Inc. unchanged at $ 7.40
(All figures are in Canadian dollars.)
