Glacier FarmMedia | MarketsFarm – The Canadian dollar stayed put on Friday.
The loonie ended the day at US$0.6970 or US$1=C$1.4347, same as on Thursday. Statistics Canada reported earlier today that retail sales in January were down 0.6 per cent at C$69.8 billion mainly due to declines in the auto sector. StatCan also projected a 0.4 per cent decrease in February.
The United States Dollar Index improved 0.20 of a point at 104.05.
Crude oil prices showed small gains despite economic concerns. Brent crude oil increased US$0.12 at US$72.12 per barrel. West Texas Intermediate added US$0.19 at US$68.26/barrel.
The TSX/S&P Composite Index lost 91.75 points at 24,968.49.
Gold shed US$17.00 per ounce at $3,026.80.
Canada’s agricultural sector fared as follows:
Buhler Ind. unchanged at $ 7.26
Farmer’s Edge Inc. unchanged at $ 0.345
Linamar Corp. dn $ 0.49 at $ 50.99
Maple Leaf Foods dn $ 0.07 at $ 24.92
Nutrien Ltd. up $ 0.24 at $ 75.32
RB Global Inc. up $ 0.66 at $142.16
(All figures are in Canadian dollars.)
