By Commodity News Service Canada
WINNIPEG, Dec. 10 (CNS) – The Canadian dollar was weaker at market close, dragged down as concerns continued to mount about what China would do in retaliation for the Canadian arrest of a Chinese tech executive. The United Kingdom’s Brexit vote was also delayed, which weighed on global markets.
The Canadian dollar settled Monday at US$0.7474 or C$1.3379, compared to Thursday’s North American close of US$0.7519 or C$1.3299.
Oil prices hit low levels Monday, dragged down by a global oversupply. U.S. West Texas Intermediate crude fell 3.1 per cent to US$51.00 per barrel.
In Toronto, the S&P/TSX Composite was weaker at market. It lost 66.85 points, or 0.45 percent, to 14,728.28.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients———up $ 0.03 at $ 17.43
Buhler Industries—————-up $ 0.01 at $ 3.61
Linamar Corp.——————–dn $ 2.15 at $ 44.19
Maple Leaf Foods—————–up $ 0.10 at $ 28.42
Nutrien Ltd.———————dn $ 0.82 at $ 65.49
Ritchie Bros Auctioneers Inc.——up $ 0.22 at $ 44.58
Rocky Mountain Dealerships Inc.—-dn $ 0.05 at $ 8.53
(All figures are in Canadian dollars.)
