By Commodity News Service Canada
WINNIPEG, Dec. 4 (CNS Canada) – The Canadian dollar was down market close Tuesday.
The dollar closed at US$0.7565 or US$1=C$1.3219, which compares with Monday’s close of US$0.7581 or C$1.3191.
The S&P/TSX Composite Index closed Tuesday at 15,063.59, down by 211.39 points.
There were also significant decreases in the three major United States stock markets, with the Dow Jones falling 800 points. One reason being the contradicting messages from the United States White House regarding truce in the U.S./China trade war. Initially U.S. President Donald Trump said he might extend the 90-day truce, but later a White House official backtracked on the announcement.
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Gold was up Tuesday by US$3.80 to US$1,240.70 per ounce.
Canada’s agricultural sector faired as follows:
AGT Food and Ingredients———up $ 1.61 at $ 17.45
Buhler Industries—————-unchanged at $ 3.69
Linamar Corp.——————–dn $ 1.30 at $ 47.16
Maple Leaf Foods—————–dn $ 0.43 at $ 28.89
Nutrien Ltd.———————dn $ 1.18 at $ 67.85
Ritchie Bros Auctioneers Inc.—-dn $ 1.24 at $ 44.33
Rocky Mountain Dealerships Inc.–dn $ 0.14 at $ 8.98
(All figures are in Canadian dollars.)
