By Commodity News Service Canada
WINNIPEG, Sep. 24 (CNS) – The Canadian dollar closed lower
Monday, losses were limited by gains in the price of oil and
gold.
The Canadian dollar settled Monday at US$0.7731 or
C$1.2935, compared to Friday’s North American close of US$0.7742
or C$1.2916.
Oil prices jumped Monday, after the Organization of
Petroleum Exporting Countries, and non-OPEC states, including
Russia, said they wouldn’t increase production. Brent crude
gained US$2.40 to US$81.20 per barrel.
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Gold prices were little changed Monday after the United
States dollar dropped in value. Spot gold rose 0.04 per cent to
US$1,199.57 per ounce, while U.S. gold futures for December
delivery added 0.3 per cent to US$1,204.40 per ounce.
In Toronto, the S&P/TSX Composite closed lower Monday,
falling 16.81 points, or 0.10 per cent, to settle at 16,207.32.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients———unchanged at $ 17.75
Buhler Industries—————-unchanged at $ 3.60
Linamar Crop.——————–dn $ 0.90 at $ 60.49
Maple Leaf Foods—————–up $ 0.11 at $ 31.89
Nutrien Ltd.———————dn $ 0.10 at $ 73.66
Ritchie Bros Auctioneers Inc.—-dn $ 0.40 at $ 46.98
Rocky Mountain Dealerships Inc.–dn $ 0.01 at $ 10.27
(All figures are in Canadian dollars.)
