Canadian Financial Close: Loonie jumps to start week

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Published: September 11, 2023

WINNIPEG – The Canadian dollar bumped up more than a quarter of a United States cent on Monday.

The loonie closed at US$0.7363 or US$1=C$1.3581, compared to US$0.7336 or US$1=C$1.3632 on Friday.

The U.S. Dollar Index lost 0.56 of a point at 104.53.

Brent crude oil eased off US$0.07 at US$90.58 per barrel. West Texas Intermediate (WTI) declined US$0.26 at US$87.25/barrel.

The TSX/S&P Composite Index gained 108.11 points to 20,182.76.

Gold added US$2.70 at US$1,945.40 per ounce.

Canada’s agricultural sector fared as follows:

Buhler Ind.                      unchanged      at $  2.35

Farmer’s Edge Inc.               dn  $ 0.005    at $  0.17

Linamar Corp.                    up  $ 0.23     at $ 69.02

Maple Leaf Foods                 dn  $ 0.06     at $ 27.86

Nutrien Ltd.                     dn  $ 0.45     at $ 85.29

Ritchie Bros Auctioneers Inc.    up  $ 0.04     at $ 90.42

(All figures are in Canadian dollars.)

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