By Commodity News Service Canada
WINNIPEG, Sep. 26 (CNS) – The Canadian dollar closed lower
Wednesday, as the price of oil and gold were weaker.
The Canadian dollar settled Wednesday at US$0.7707 or
C$1.2975, compared to Tuesday’s North American close of
US$0.7723 or C$1.2948.
Oil prices settled lower Wednesday after United States data
showed a surprising larger amount of crude inventories. Brent
crude futures lost 53 U.S. cents to US$81.34 per barrel, while
U.S. crude futures fell 71 U.S. cents to close at US$71.57 per
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Gold prices closed lower Wednesday, after the U.S. Federal
Reserve raised interest rates as expected. Spot gold fell 0.3
per cent to US$1,197.21 per ounce, while U.S. gold futures for
December delivery lost 0.5 per cent to US$1,199.10 per ounce.
In Toronto, the S&P/TSX Composite closed higher Wednesday,
rising 9.78 points, or 0.06 per cent, to settle at 16,169.28.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients———up $ 0.33 at $ 18.05
Buhler Industries—————-unchanged at $ 3.60
Linamar Crop.——————–up $ 1.28 at $ 60.44
Maple Leaf Foods—————–dn $ 0.39 at $ 31.46
Nutrien Ltd.———————up $ 0.07 at $ 74.85
Ritchie Bros Auctioneers Inc.—-dn $ 0.16 at $ 47.16
Rocky Mountain Dealerships Inc.–up $ 0.03 at $ 10.30
(All figures are in Canadian dollars.)
