Canadian Financial Close: Loonie higher ahead of the weekend

By MarketsFarm

WINNIPEG, July 3 (MarketsFarm) – The Canadian dollar was stronger on Friday
As of 2:30 CDT, the dollar was at US$0.7375 or US$1=C$1.3553, compared to Thursday when it closed at US$0.7361 or US$1=C$1.3586.

European stocks were lower and United States markets were closed for the Independence Day holiday.

The TSX Composite Index was down 38.84 points late in the day at 15,583.56.

Benchmark crude oil prices were slightly weaker on the day. West Texas Intermediate (WTI) was down 33 cents to close at US$40.32. Brent Crude was down 36 cents at US$42.78.

Canada’s agricultural sector fared as follows:

Linamar Corp.                    dn  $ 0.09     at $ 38.11
Maple Leaf Foods                 dn  $ 0.22     at $ 28.36
Nutrien Ltd.                     up  $ 0.30     at $ 44.40
Ritchie Bros Auctioneers Inc.    up  $ 0.49     at $ 55.42
Rocky Mountain Dealerships Inc.  dn $ 0.03     at $  4.14

(All figures are in Canadian dollars.)


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