05-Sep-2024
03:38:43
Canadian Financial Close: Loonie up, crude oil dips
By MarketsFarm
WINNIPEG, Sept. 5 (MarketsFarm) - The Canadian dollar
inched its way back to the 74 United States cent mark on
Thursday.
The loonie closed at US$0.7400 or US$1=C$1.3514, compared
to US$0.7394 or US$1=C$1.3525 on Wednesday. The U.S. Dollar
Index dropped 0.25 of a point at 101.11.
Crude oil stayed relatively steady compared to the past two
days. West Texas Intermediate (WTI) was down US$0.08 at US$69.12
per barrel. Brent crude oil declined US$0.07 at US$72.63/barrel.
The TSX Composite Index dropped 52.48 points at 22,998.28.
Gold rose US$19.30 at US$2,545.30 per ounce.
Canada's agricultural sector fared as follows:
Buhler Ind. dn $ 0.05 at $ 2.40
Farmer's Edge Inc. unchanged at $ 0.345
Linamar Corp. dn $ 0.63 at $ 61.46
Maple Leaf Foods dn $ 0.12 at $ 22.18
Nutrien Ltd. dn $ 0.63 at $ 62.83
RB Global Inc. dn $ 0.29 at $113.26
(All figures are in Canadian dollars.)
END