WINNIPEG – The Canadian dollar finished Monday just short of its closing rate prior to the weekend.
The loonie was at US$0.7887 or US$1=C$1.2679 on Monday, down from Friday’s close of US$0.7895 or US$1=C$1.2666. The United States Dollar Index increased 0.24 of a point to 95.96.
Benchmark crude oil prices were lower on Monday as supply issues in Libya and Kazakhstan eased. Brent crude oil slipped US$0.81 per barrel to US$80.94. West Texas Intermediate (WTI) crude oil lost US$0.54 to US$78.36/barrel. Western Canadian Select (WCS) crude oil decreased US$0.16 at US$65.88/barrel.
After a jump of nearly 300 points this morning, the TSX/S&P Composite Index closed with a small loss of 12.13 points at 21,072.32.
Gold added US$3.50 per ounce to US$1,800.90.
Canada’s agricultural sector fared as follows:
Buhler Industries unchanged at $ 3.29
Farmer’s Edge Inc. unchanged at $ 3.14
Linamar Corp. dn $ 0.77 at $ 77.68
Maple Leaf Foods dn $ 0.14 at $ 29.12
Nutrien Ltd. dn $ 0.53 at $ 86.94
Ritchie Bros Auctioneers Inc. up $ 0.93 at $ 76.50
(All figures are in Canadian dollars.)
