By Commodity News Service Canada
WINNIPEG, November 24 (CNS) – The Canadian dollar finished
relatively unchanged against its U.S. counterpart on Friday.
Volumes were thin as many traders were on the sidelines due to
the U.S. Thanksgiving holiday.
Gains in crude oil prices were bullish for the commodity-
driven Canadian dollar. Losses in gold and natural gas capped
the upside along with this week’s disappointing retails sales
data.
The Canadian dollar settled on Friday at US$0.7869 cents or
C$1.2715, compared to Thursday’s North American close of
US$0.7865 or C$1.2708.
In Toronto, the S&P/TSX Composite Index took strength from
energy stocks, rising 33.79 points, or 0.21%, to 16,108.09.
Aurora Cannabis Inc. has launched a hostile takeover
attempt of rival CanniMed Therapeutics. Aurora’s offer to
shareholders is valid until March.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–up $ 0.28 at $ 19.99
Agrium Incorporated———-up $ 0.70 at $138.47
Buhler Industries————– $ 0.00 at $ 4.45
Maple Leaf Foods————-up $ 0.22 at $ 34.17
Potash Corp. of Sask———up $ 0.12 at $ 24.70
(All figures are in Canadian dollars.)
