By Commodity News Service Canada
WINNIPEG, Sep. 17 (CNS) – The Canadian dollar closed
slightly higher Monday, supported by gains in the price of gold
and the stock narket.
The Canadian dollar settled Monday at US$0.7681 or
C$1.3019, compared to Friday’s North American close of US$0.7673
or C$1.3033.
Oil prices were slipped Monday as deepening trade tensions
between the United States and China weighed on the market. It is
expected to dent global crude demand. Brent crude lost four
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dropped eight cents to US$68.91 per barrel.
The U.S. China trade tensions also spilled over into the
gold market tempering gains from a weaker U.S. dollar. Spot gold
added 0.7 per cent to US$1,192.57 per ounce, while U.S. gold
futures for December delivery rose 0.4 per cent to US$1,205.80
per ounce.
In Toronto, the S&P/TSX Composite closed higher Monday,
rising 68.82 points, or 0.43 per cent, to settle at 16,082.31.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients———dn $ 0.13 at $ 18.08
Buhler Industries—————-unchanged at $ 3.60
Linamar Crop.——————–dn $ 0.86 at $ 59.76
Maple Leaf Foods—————–dn $ 0.05 at $ 31.46
Nutrien Ltd.———————up $ 2.38 at $ 75.38
Ritchie Bros Auctioneers Inc.—-dn $ 0.51 at $ 48.97
(All figures are in Canadian dollars.)
