WINNIPEG – The Canadian dollar ended the week higher, but settled just shy of the 73 United States cent mark.
The loonie was at US$0.7288 or US$1=C$1.3722, compared to US$0.7373 or US$1=C$1.3750 on Thursday. The U.S. Dollar Index surrendered 0.47 of a point at 103.88.
Crude oil continued its roller-coaster ride, recovering most of Thursday’s losses. Brent crude oil rose US$3.09 at US$80.51 per barrel. West Texas Intermediate (WTI) surged US$2.86 to US$75.76/barrel.
The TSX/S&P Composite Index jumped 122.70 points to end the day at 20,175.77.
Gold dropped US$4.50 at US$1,982.80 per ounce.
Canada’s agricultural sector fared as follows:
Buhler Ind. unchanged at $ 2.22
Farmer’s Edge Inc. up $ 0.115 at $ 0.24
Linamar Corp. dn $ 0.22 at $ 59.29
Maple Leaf Foods dn $ 0.13 at $ 25.76
Nutrien Ltd. dn $ 1.17 at $ 77.57
RB Global Inc. dn $ 0.07 at $ 84.48
(All figures are in Canadian dollars.)