WINNIPEG – The Canadian dollar was relatively steady at the end of the week.
The loonie closed at US$0.7341 or US$1=C$1.3623, compared to US$0.7338 or US$1=C$1.3628 on Thursday.
The United States Dollar Index declined 0.05 of a point at 104.21. There will be no trading in the U.S. on Monday due to the Memorial Day holiday.
Crude oil increased on Friday amidst uncertainty over the U.S. debt ceiling. Brent crude oil added US$0.75 per barrel at US$77.01. West Texas Intermediate (WTI) rose US$0.94 at US$72.77/barrel.
The TSX/S&P Composite Index advanced 146.23 points to 19,920.31.
Gold was up US$3.20 at US$1,946.90 per ounce.
Canada’s agricultural sector fared as follows:
Buhler Ind. dn $ 0.04 at $ 2.18
Farmer’s Edge Inc. dn $ 0.035 at $ 0.185
Linamar Corp. up $ 0.13 at $ 63.51
Maple Leaf Foods dn $ 0.42 at $ 24.99
Nutrien Ltd. dn $ 0.74 at $ 76.11
Ritchie Bros Auctioneers Inc. dn $ 1.21 at $ 73.04
(All figures are in Canadian dollars.)
