WINNIPEG – The Canadian dollar continued its slide on Thursday.
The loonie was at US$0.7927 or US$1=C$1.2615 on Thursday, down from Wednesday’s close of US$0.7940 or US$1=C$1.2595. Although the United States Dollar Index dipped 0.30 of a point to 95.53, it remained strong against the loonie.
Benchmark crude oil prices rebounded on Thursday. Brent crude oil jumped US$0.79 per barrel to US$81.07. West Texas Intermediate (WTI) crude oil increased US$0.31 to US$78.67/barrel. Western Canadian Select (WCS) crude oil advanced US$0.22 to US$60.48/barrel.
The TSX/S&P Composite Index lost 15.48 points to 21,637.54.
Gold retreated US$8.10 per ounce to US$1,862.10.
Canada’s agricultural sector fared as follows:
Buhler Industries unchanged at $ 3.02
Farmer’s Edge Inc. up $ 0.25 at $ 3.60
Linamar Corp. dn $ 1.30 at $ 78.58
Maple Leaf Foods dn $ 0.34 at $ 30.71
Nutrien Ltd. up $ 1.73 at $ 86.98
Ritchie Bros Auctioneers Inc. up $ 0.34 at $ 91.66
(All figures are in Canadian dollars.)
