WINNIPEG – The Canadian dollar took a step back to end the week.
The loonie closed at US$0.7337 or US$1=C$1.3630, down from US$0.7363 or US$1=C$1.3582 on Thursday. The United States Dollar Index gained 0.20 of a point at 104.98.
Crude oil prices were slightly higher on Friday, while the Keystone pipeline will attempt a partial restart on Dec. 10, two days after a 14,000-barrel oil spill in Kansas. Brent crude oil jumped US$0.56 per barrel to US$76.71. West Texas Intermediate (WTI) crude oil increased US$0.05 at US$71.51/barrel. Western Canadian Select (WCS) added US$0.61/barrel to US$43.60.
The TSX/S&P Composite Index shed 22.12 points to 19,947.07.
Gold gained US$6.20 at US$1,807.70 per ounce.
Canada’s agricultural sector fared as follows:
Buhler Ind. up $ 0.05 at $ 1.80
Farmer’s Edge Inc. unchanged at $ 0.34
Linamar Corp. dn $ 0.04 at $ 65.00
Maple Leaf Foods dn $ 0.05 at $ 23.53
Nutrien Ltd. up $ 0.99 at $104.80
Ritchie Bros Auctioneers Inc. dn $ 0.43 at $ 77.19
(All figures are in Canadian dollars.)
