By MarketsFarm
WINNIPEG, April 6 (MarketsFarm) – The Canadian dollar was weaker on Thursday, as investors adjusted positions ahead of the long weekend. Financial markets will be closed April 7 for Good Friday.
The Canadian dollar settled at US$0.7419 or US$1=C$1.3478 on Thursday, which compares with Wednesday’s close of US$0.7431 or US$1=C$1.3457.
Canada added 35,000 jobs in March with the unemployment rate holding steady at 5.0 per cent, according to a report from Statistics Canada. The employment data beat average expectations that had called for a more modest increase of 7,500 jobs.
Crude oil held relatively steady, with West Texas Intermediate crude oil down by 0.2 per cent at US$80.42 per barrel.
The TSX Composite Index was up by 37.14 points or 0.18 per cent to close at 20,196.69 points.
Canada’s agricultural sector performed as follows:
Buhler Ind.———————- $ 0.00 at $ 2.20
Linamar Corp.——————–dn $ 0.86 at $ 60.81
Maple Leaf Foods—————–up $ 0.56 at $ 26.58
Nutrien Ltd.———————dn $ 4.45 at $ 91.68
Ritchie Bros Auctioneers Inc.—-up $ 0.55 at $ 76.02
Farmers Edge Inc.—————-dn $ 0.015 at $ 0.215
(All figures are in Canadian dollars.)
