By MarketsFarm
WINNIPEG, June 12 (MarketsFarm) – The Canadian dollar was lower to end the week, after losing more than a penny yesterday.
The dollar finished the day at US$0.7354 or US$1=C$1.3553, compared to Thursday when it closed at US$0.7378 or US$1=C$1.3553.
United States stocks were slightly higher, recovering after considerable losses the day prior. The U.S. Center for Disease Control and Prevention said states and cities may need to reimpose lockdown measures to quell the spread of COVID-19. Cases in the United States totalled over 2 million as of Thursday.
The TSX Composite Index was up 205.64 points to close at 15,256.57.
Benchmark crude oil prices slightly stronger on the day. West Texas Intermediate (WTI) was up eight cents to close at US$36.42. Brent Crude was up 38 cents at US$38.93.
Canada’s agricultural sector fared as follows:
Buhler Industries unchanged at $ 2.53
Linamar Corp. up $ 0.25 at $ 40.63
Maple Leaf Foods up $ 0.82 at $ 28.21
Nutrien Ltd. up $ 0.82 at $ 49.27
Ritchie Bros Auctioneers Inc. up $ 0.42 at $ 54.25
Rocky Mountain Dealerships Inc. dn $ 0.02 at $ 4.87
(All figures are in Canadian dollars.)
