By Commodity News Service Canada
WINNIPEG, July 20 (CNS) – The Canadian dollar closed higher
Friday, supported by gains in the price of oil.
The Canadian dollar settled Thursday at US$ 0.7609 or
C$1.3142, compared to Thursday’s North American close of
US$0.7544 or C$1.3255.
Oil prices rose Friday as a weak United States dollar and
lower than expected August crude exports from Saudi Arabia
supported the market. Brent crude gained 49 cents to settle at
US$73.07 per barrel.
In Toronto, the S&P/TSX Composite closed lower Friday,
breaking a two week winning streak for the index. The TSX/S&P
fell 107.55 points, or 0.65 per cent, to 16,435.46.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.26 at $ 14.59
Buhler Industries————unchanged at $ 3.61
Maple Leaf Foods————-dn $ 0.21 at $ 33.84
Nutrien Ltd.—————–dn $ 0.21 at $ 68.83
(All figures are in Canadian dollars.)
