By Commodity News Service Canada
WINNIPEG, Jan. 8 – The Canadian dollar closed lower Monday
as the stock market and price of gold fell.
The Canadian dollar settled Monday at US$0.8050 or
C$1.2422, compared to Friday’s North American close of US$0.8063
or C$1.2403.
Gold was down at close Monday by 0.08 per cent to
US$1,321.30.
Oil prices were little changed Monday, trading near their
highest levels since May 2015, as political concerns in some
Organization of the Petroleum Exporting Countries nations offset
projections for higher United States oil production. Brent crude
futures were up two cents to US$67.64.
In Toronto, the S&P/TSX Composite Index closed lower Monday
as shares of some materials and financial services companies
weighed, offset by gains for some marijuana producers. The
S&P/TSX dropped 31.79 points, or 0.19 per cent, to 16,317.65.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients—–dn $ 0.18 at $ 21.88
Buhler Industries————unchanged at $ 4.55
Maple Leaf Foods————-dn $ 0.21 at $ 35.00
Nutrien Ltd.—————–dn $ 2.28 at $ 66.85
(All figures are in Canadian dollars.)
