By Commodity News Service Canada
WINNIPEG, Sept. 13 (CNS) – The Canadian dollar eked out a
tiny gain against its American counterpart on Thursday.
The loonie took strength from a rise in housing prices and
slight optimism around world markets.
Losses in crude oil prices and gold bullion were bearish
for the commodity-backed currency.
The loonie finished at US$0.7694 or C$1.2997, compared to
Wednesday’s North American close of US$0.7684 or C$1.3014.
The S&P/TSX Composite Index dropped 47.31 points, or 0.29%,
to 16,001.71. The market was weighed down by losses in the
health-care sector. Cannabis companies were particularly hard-
hit with Aprhia dropping 17 per cent while Canopy Growth fell 14
per cent.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.04 at $ 18.25
Buhler Industries————– $ 0.00 at $ 3.60
Maple Leaf Foods————-dn $ 0.21 at $ 31.91
Nutrien Ltd.—————–up $ 0.21 at $ 73.36
Rocky Mountain Dealerships—up $ 0.03 at $ 10.48
Linamar Corp—————–up $ 2.62 at $ 61.06
Ritchie Bros. Auctioneers—-up $ 0.04 at $ 49.27
(All figures are in Canadian dollars.)