WINNIPEG – The Canadian dollar was virtually unchanged on Monday, remaining above the 73 United States cent mark.
The loonie closed at US$0.7303 or US$1=C$1.3693, compared to US$0.7302 or US$1=C$1.3695 on Friday. The U.S. Dollar Index was down 0.54 of a point at 105.62.
Crude oil prices took a dip on Monday after the Red Cross confirmed that Hamas released two Israeli hostages earlier today. Brent crude oil lost US$1.80 at US$90.36 per barrel. West Texas Intermediate (WTI) fell US$2.10 to US$85.98/barrel.
The TSX/S&P Composite Index shed 68.90 points to 19,046.74.
Gold dropped US$11.20 at US$1,983.20 per ounce.
Canada’s agricultural sector fared as follows:
Buhler Ind. up $ 0.05 at $ 2.31
Farmer’s Edge Inc. up $ 0.02 at $ 0.15
Linamar Corp. dn $ 0.24 at $ 63.29
Maple Leaf Foods up $ 0.58 at $ 24.80
Nutrien Ltd. dn $ 3.73 at $ 77.75
RB Global Inc. dn $ 1.24 at $ 85.76
(All figures are in Canadian dollars.)
