By MarketsFarm
WINNIPEG, June 18 (MarketsFarm) – The Canadian dollar was slightly lower on Thursday.
The dollar finished the day at US$0.7359 or US$1=C$1.3589, compared to Wednesday when it closed at US$0.7377 or US$1=C$1.3555.
Benchmark crude oil prices were stronger due to consistent demand as COVID-19 restrictions ease around the world. However, concerns of a second wave have kept some uncertainty in crude oil prices and financial markets. West Texas Intermediate (WTI) was up 93 cents to close at US$38.89. Brent Crude was up 79 cents at US$41.50.
The TSX Composite Index was up 51.14 points to close at 15,479.83.
Canada’s agricultural sector fared as follows:
Buhler Industries dn $ 0.04 at $ 2.51
Linamar Corp. dn $ 0.83 at $ 38.27
Maple Leaf Foods up $ 0.15 at $ 28.90
Nutrien Ltd. dn $ 0.49 at $ 49.29
Ritchie Bros Auctioneers Inc. dn $ 0.69 at $ 54.96
Rocky Mountain Dealerships Inc. dn $ 0.25 at $ 4.53
(All figures are in Canadian dollars.)
