Canadian Financial Close: TSX, oil pressure Canadian dollar

By Commodity News Service Canada

WINNIPEG, Feb. 6 (CNS Canada) – The Canadian dollar was down at market close Wednesday with pressure from a flat Toronto Stock Market and small increases in oil prices.
The dollar finished the day at US$0.7582 or US$1=C$1.3190, which compares with Monday’s close of US$0.7614 or C$1.3134.
The S&P/TSX Composite Index closed Wednesday up 9.62 points to finish at 15,712.31 points.
In the United States, the major stock markets were down as investors remain cautious about U.S./China trade talks in Beijing later this month.

The Dow Jones lost 21.22 points to close Wednesday at 25,390.30. The S&P 500 was down 6.09 points to finish at 2,731.61. The NASDAQ dropped 26.80 to wrap up at 7,375.28.
Oil prices were up on Wednesday with a tightening global supply of oil. West Texas Intermediate crude oil was up 26 cents to close at US$53.92 per barrel. Brent crude oil rose 61 cents to close at US$62.59 per barrel.
Gold was down US$8.80 on Wednesday to US$1,310.40 per ounce.

Canada’s agricultural sector faired as follows:

AGT Food and Ingredients———up $ 0.02 at $ 17.86
Buhler Industries—————-unchanged at $ 3.61
Linamar Corp.——————–up $ 0.94 at $ 52.16
Maple Leaf Foods—————–dn $ 0.34 at $ 29.97
Nutrien Ltd.———————up $ 0.16 at $ 68.44
Ritchie Bros Auctioneers Inc.—-up $ 0.18 at $ 48.49
Rocky Mountain Dealerships Inc.–up $ 0.35 at $ 9.25

(All figures are in Canadian dollars.)


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