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Canadian Financial Close: Loonie stronger on Thursday

By MarketsFarm

WINNIPEG, Aug. 13 (MarketsFarm) – The Canadian dollar was stronger on Thursday.
The dollar finished the day at US$0.7566 or US$1=C$1.3212, compared to Wednesday when it closed at US$0.7545 or US$1=C$1.3254.

Global stock indices showed mixed performances following news that United States weekly unemployment insurance claims fell below one million, for the first time since the pandemic began in March.

The TSX Composite Index lost 45.22 points to close at 16,530.06.

Benchmark crude oil prices were weaker on Thursday. West Texas Intermediate (WTI) was down 32 cents to close at US$42.35. Brent Crude was down 34 cents at US$45.09.

Canada’s agricultural sector fared as follows:

Buhler Int.  dn $ 0.10     at $  2.47
Linamar Corp.                    dn  $ 0.60     at $ 42.03
Maple Leaf Foods                 up  $ 0.60     at $ 29.60
Nutrien Ltd.                     dn  $ 0.03     at $ 51.06
Ritchie Bros Auctioneers Inc.    dn  $ 0.57     at $ 81.54
Rocky Mountain Dealerships Inc.  up $ 0.24     at $  4.85

(All figures are in Canadian dollars.)

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