By Commodity News Service Canada
WINNIPEG, Nov. 8 (CNS Canada) – The Canadian dollar was
slightly down at market close Thursday.
The loonie closed at US$0.7625 or US$1=C$1.3114, which
compares with Tuesday’s close of US$0.7636 or C$1.3096.
The S&P/TSX Composite Index closed at 15,369.43, up 76.72
points.
With news of Bombardier Inc. laying off 5,000 employees and
selling its business aircraft and training unit as well as its Q
Series turboprop aircraft program, stocks in the Canadian
manufacturer tumbled on the TSX today. Shares dropped by 17 per
Read Also
Canadian Financial Close: Loonie, TSX on the rise
Glacier FarmMedia — The Canadian dollar gained some ground on Wednesday. The loonie closed at US$0.7275 or US$1=C$1.3746, compared to…
For the ninth consecutive day West Texas Intermediate crude
oil fell, dropping US$1.06 to close Thursday at US$60.62 per
barrel. Fears of a world glut are rising as OPEC nations and
Russia have increased their oil production. However, there is an
OPEC meeting on Nov. 11 to discuss proposals for the cartel to
cut production.
Gold as well dropped Thursday by US$4.50 to US$1,224.70 per
ounce.
Canada’s agricultural sector faired as follows:
AGT Food and Ingredients———dn $ 0.12 at $ 17.64
Buhler Industries—————-up $ 0.02 at $ 3.92
Linamar Crop.——————–dn $ 3.94 at $ 44.07
Maple Leaf Foods—————–dn $ 0.23 at $ 29.80
Nutrien Ltd.———————dn $ 0.70 at $ 74.52
Ritchie Bros Auctioneers Inc.—-up $ 0.41 at $ 44.07
Rocky Mountain Dealerships Inc.–dn $ 0.16 at $ 9.31
(All figures are in Canadian dollars.)
