Canadian Financial Close: C$ softens

By MarketsFarm

WINNIPEG, April 12 (MarketsFarm) – The Canadian dollar was slightly weaker on Monday, seeing a modest correction after Friday’s jobs-related strength.
The Canadian dollar closed at US$0.7966 or US$1=C$1.2553 on Monday, which compares with Friday’s North American close US$0.7972 or US$1=C$1.2544.
Crude oil posted small gains, with West Texas Intermediate crude oil up by 0.74 per cent at US$59.76 per barrel.
The TSX Composite Index was softer, losing 26.75 points, or 0.14 per cent, to close at 19,201.28 points.

Canada’s agricultural sector performed as follows:

Buhler Industries—————-up $ 0.02 at $ 3.65
Linamar Corp.——————–up $ 0.14 at $ 74.78
Maple Leaf Foods—————–dn $ 0.15 at $ 27.57
Nutrien Ltd.———————dn $ 0.31 at $ 68.44
Ritchie Bros Auctioneers Inc.—-up $ 1.22 at $ 79.44
Farmers Edge Inc.—————-dn $ 0.08 at $ 17.90

(All figures are in Canadian dollars.)

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