WINNIPEG – The Canadian dollar made its first gain since Sept. 28 on Thursday, albeit a small one.
The loonie closed at US$0.7282 or US$1=C$1.3733, compared to US$0.7276 or US$1=C$1.3743 on Wednesday. The United States Dollar Index shed 0.45 of a point at 106.35.
Crude oil prices were still in a downturn on Thursday due to demand concerns. Brent crude oil lost US$1.65 at US$84.16 per barrel. West Texas Intermediate (WTI) dropped US$1.76 to US$82.46/barrel.
The TSX/S&P Composite Index gained 103.00 points to 19,137.81.
Gold was down US$1.10 at US$1,833.70 per ounce.
Canada’s agricultural sector fared as follows:
Buhler Ind. dn $ 0.05 at $ 2.54
Farmer’s Edge Inc. unchanged at $ 0.15
Linamar Corp. dn $ 0.10 at $ 64.24
Maple Leaf Foods up $ 0.09 at $ 26.05
Nutrien Ltd. up $ 0.57 at $ 80.48
Ritchie Bros Auctioneers Inc. up $ 1.81 at $ 87.41
(All figures are in Canadian dollars.)