WINNIPEG – The Canadian dollar continued its ongoing rally on Thursday.
The loonie closed at US$0.7382 or US$1=C$1.3547, up from US$0.7372 or US$1=C$1.3565 on Wednesday. The United States Dollar Index was on the rebound, gaining 0.87 of a point at 110.57.
Crude oil prices added on to gains made yesterday. Brent crude oil jumped US$1.04 per barrel to US$96.73. West Texas Intermediate (WTI) crude oil gained US$0.86 at US$88.77/barrel. Meanwhile, Western Canadian Select (WCS) shed US$0.09/barrel to US$60.27.
The TSX/S&P Composite Index added 72.35 points to 19,352.11.
Gold declined US$3.30 at US$1,665.90 per ounce.
Canada’s agricultural sector fared as follows:
Buhler Ind. unchanged at $ 1.71
Farmer’s Edge Inc. dn $ 0.02 at $ 0.50
Linamar Corp. dn $ 0.41 at $ 57.22
Maple Leaf Foods unchanged at $ 20.45
Nutrien Ltd. up $ 1.74 at $113.06
Ritchie Bros Auctioneers Inc. dn $ 0.41 at $ 86.43
(All figures are in Canadian dollars.)
