Glacier FarmMedia MarketsFarm – The Canadian dollar entered the weekend making gains.
The loonie closed at US$0.7314 or US$1=C$1.3672, compared to US$0.7300 or US$1=C$1.3698 on Thursday.
The United States Dollar Index declined 0.26 of a point at 105.04. The Labor Department reported earlier today that the country added 175,000 jobs in April, the smallest gain in six months. The unemployment rate went up 0.1 of a point at 3.9 per cent.
Crude oil prices continued its downturn as war premiums were slowly being erased. Brent crude oil lost US$0.75 at US$82.92 per barrel. West Texas Intermediate (WTI) dropped US$0.83 at US$78.12/barrel.
The TSX/S&P Composite Index advanced 124.19 points at 21,947.41.
Gold was up US$1.00 at US$2,310.60 per ounce.
Canada’s agricultural sector fared as follows:
Buhler Ind. unchanged at $ 2.23
Farmer’s Edge Inc. unchanged at $ 0.345
Linamar Corp. dn $ 0.41 at $ 64.04
Maple Leaf Foods up $ 0.34 at $ 23.73
Nutrien Ltd. up $ 0.46 at $ 72.42
RB Global Inc. up $ 1.45 at $ 98.90
(All figures are in Canadian dollars.)
