By Commodity News Service Canada
WINNIPEG, Nov. 14 (CNS) – The Canadian dollar was steady at market close Wednesday.
The Canadian dollar settled Wednesday at US$0.7556 or C$1.3235, compared to Tuesday’s North American close of US$0.7552 or C$1.3241.
Oil prices rebounded Wednesday, over hopes for output cuts after a steep drop Tuesday. Brent crude rose 1.66 per cent to settle at US$66.56 per barrel. United States West Texas Intermediate crude gained 1.53 per cent to US$56.54 per barrel.
Gold prices traded in a tight range Wednesday, as the prospect of U.S. interest rates held back the U.S. dollar from gaining much. Spot gold lost 0.1 per cent to US$1,201.31 per ounce. U.S. gold futures added 0.1 per cent to US$1,202 per ounce.
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In Toronto, the S&P/TSX Composite closed slightly higher Wednesday. It added 1.34 points, or 0.01 percent, to 15,133.12.
Canada’s agricultural sector performed as follows:
AGT Food and Ingredients———up $ 0.04 at $ 17.34
Buhler Industries—————-dn $ 0.20 at $ 3.74
Linamar Corp.——————–dn $ 0.63 at $ 48.25
Maple Leaf Foods—————–dn $ 0.02 at $ 29.64
Nutrien Ltd.———————dn $ 2.44 at $ 69.83
Ritchie Bros Auctioneers Inc.——dn $ 1.00 at $ 45.55
Rocky Mountain Dealerships Inc.—-unchanged at $ 9.25
(All figures are in Canadian dollars.)
