WINNIPEG – The Canadian dollar remained on the negative side of 78 United States cents on Tuesday.
The loonie closed at US$0.7797 or US$1=C$1.2826, up a pinch from US$0.7795 or US$1=C$1.2829 on Friday. The Bank of Canada (BoC) did not post a closing exchange rate on Monday due to the Victoria Day holiday.
The U.S. Dollar Index closed on a lower note, shedding 0.31 of a point at 101.77.
Crude oil prices were slightly lower on Tuesday. Brent crude oil subtracted US$0.09 per barrel at US$113.33. West Texas Intermediate (WTI) crude oil declined US$0.53 at US$109.76/barrel. Western Canadian Select (WCS) fell US$2.28 to US$93.37.
The TSX/S&P Composite Index gained 88.59 points at 20,286.20.
Gold advanced US$17.60 per ounce to US$1,865.40.
Canada’s agricultural sector fared as follows:
Buhler Ind. dn $ 0.09 at $ 2.37
Farmer’s Edge Inc. dn $ 0.03 at $ 2.47
Linamar Corp. dn $ 0.13 at $ 51.10
Maple Leaf Foods dn $ 0.34 at $ 26.85
Nutrien Ltd. up $ 2.68 at $127.22
Ritchie Bros Auctioneers Inc. dn $ 1.11 at $ 75.96
(All figures are in Canadian dollars.)
