By MarketsFarm
WINNIPEG, Nov. 28 (MarketsFarm) – The Canadian dollar was weaker on Monday, as protests in China over the country’s strict COVID-19 lockdown measures raised concerns in global financial and commodity markets.
The Canadian dollar settled at US$0.7433 or US$1=C$1.3453 on Monday, which compares with Friday’s close of US$0.7476 or US$1=C$1.3377.
Crude oil initially moved lower amid the Chinese economic uncertainty but managed to take back those losses as the day progressed, with West Texas Intermediate crude oil up by 0.5 per cent at US$76.66 per barrel.
The TSX Composite Index was weaker, down 163.28 points or 0.80 per cent to close at 20,220.49 points.
Canada’s agricultural sector performed as follows:
Buhler Ind.———————- $ 0.00 at $ 1.85
Linamar Corp.——————–dn $ 0.13 at $ 66.98
Maple Leaf Foods—————–dn $ 0.27 at $ 24.90
Nutrien Ltd.———————dn $ 1.88 at $108.28
Ritchie Bros Auctioneers Inc.—-up $ 0.32 at $ 73.21
Farmers Edge Inc.—————-up $ 0.02 at $ 0.32
(All figures are in Canadian dollars.)