By MarketsFarm
WINNIPEG, Dec. 23 (MarketsFarm) – The Canadian dollar was firmer on Friday, hitting its highest level in more than a week as investors adjusted positions ahead of the Christmas holiday.
The Canadian dollar settled at US$0.7351 or US$1=C$1.3603 on Friday, which compares with Thursday’s close of US$0.7323 or US$1=C$1.3656.
Canada’s economy grew by 0.1 per cent in October, according to a report from Statistics Canada.
West Texas Intermediate was stronger, gaining 2.7 per cent at US$79.61 per barrel.
The TSX Composite Index was stronger, up 150.23 points or 0.78 per cent late in the day at 19,499.13 points.
Canada’s agricultural sector performed as follows:
Buhler Ind.———————- $ 0.00 at $ 1.90
Linamar Corp.——————–up $ 0.31 at $ 60.12
Maple Leaf Foods—————–dn $ 0.53 at $ 24.21
Nutrien Ltd.———————up $ 1.07 at $100.60
Ritchie Bros Auctioneers Inc.—-dn $ 0.03 at $ 76.08
Farmers Edge Inc.—————-dn $ 0.005 at $ 0.26
(All figures are in Canadian dollars.)