Canadian Financial Close: C$ hits weekly high

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.)

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