By MarketsFarm
WINNIPEG, April 11 (MarketsFarm) – The Canadian dollar was weaker on Monday, with losses in crude oil putting some pressure on the energy-linked currency.
The Canadian dollar closed at US$0.7923 or US$1=C$1.2621 on Monday, which compares with Friday’s North American close of US$0.7943 or US$1=C$1.2589.
Renewed COVID-19 lockdown measures in China raised concerns over demand for oil from the country, with Texas Intermediate crude oil down by 3.37 per cent, at US$94.97 per barrel.
The TSX Composite Index was weaker, down 83.86 points, or 0.38 per cent, to close at 21,790.49 points.
Canada’s agricultural sector performed as follows:
Buhler Ind.———————- $ 0.00 at $ 2.67
Linamar Corp.——————–dn $ 0.43 at $ 51.37
Maple Leaf Foods—————–dn $ 0.59 at $ 29.38
Nutrien Ltd.———————up $ 2.86 at $136.13
Ritchie Bros Auctioneers Inc.—-dn $ 0.08 at $ 73.05
Farmers Edge Inc.—————-dn $ 0.02 at $ 2.92
(All figures are in Canadian dollars.)
