By Commodity News Service Canada
WINNIPEG, Jan. 31 (CNS Canada) – The Canadian dollar was up at market close Thursday along with the Toronto Stock Exchange.
The dollar finished the day at US$0.7608 or US$1=C$1.3144, which compares with Wednesday’s close of US$0.7580 or C$1.3292.
The S&P/TSX Composite Index closed Thursday with a gain of 56.05 points to finish at 15,540.60 points.
Due to the Bank of Canada taking a more conciliatory tone in its interest rate policy, the TSX incurred a surge of 8.5 per cent in January and was ranked second among the developed markets, according to media reports. And the Canadian dollar is the best-performing currency among its Group of 10 peers, up by almost four per cent in January.
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Gold was up by US$9.60 on Thursday to US$1,325.10 per ounce.
Canada’s agricultural sector faired as follows:
AGT Food and Ingredients———dn $ 0.23 at $ 16.38
Buhler Industries—————-unchanged at $ 3.61
Linamar Corp.——————–up $ 0.34 at $ 50.94
Maple Leaf Foods—————–dn $ 0.11 at $ 29.26
Nutrien Ltd.———————dn $ 0.33 at $ 68.07
Ritchie Bros Auctioneers Inc.—-dn $ 0.04 at $ 47.23
Rocky Mountain Dealerships Inc.–up $ 0.01 at $ 8.77
(All figures are in Canadian dollars.)
