By MarketsFarm
WINNIPEG, June 9 (MarketsFarm) – The Canadian dollar was firmer on Friday, finding some support to end the week despite losses in crude oil and soft jobs data.
The Canadian dollar settled at US$0.7496 or US$1=C$1.3341 on Friday, which compares with Thursday’s close of US$0.7486 or US$1=C$1.3358.
Canada’s unemployment rate edged higher for the first time in nine months, hitting 5.2 per cent in May from 5.0 per cent the previous month, according to a report from Statistics Canada. The country’s economy lost 17,000 jobs during the month.
West Texas Intermediate was down by 1.28 per cent at US$70.38 per barrel.
The TSX Composite Index was weaker, losing 50.64 points or 0.25 per cent to close at 19,892.06 points.
Canada’s agricultural sector performed as follows:
Buhler Ind.———————- $ 0.00 at $ 2.05
Linamar Corp.——————–up $ 0.88 at $ 67.28
Maple Leaf Foods—————–dn $ 0.10 at $ 26.35
Nutrien Ltd.———————dn $ 0.25 at $ 78.45
Ritchie Bros Auctioneers Inc.—-dn $ 0.20 at $ 73.76
Farmers Edge Inc.—————- $ 0.00 at $ 0.1750
(All figures are in Canadian dollars.)
