Canadian Financial Close: C$ again steady

By Commodity News Service Canada

WINNIPEG, Nov. 6 (CNS Canada) – The Canadian dollar remained steady on Tuesday.
The loonie closed at US$0.7636 or US$1=C$1.3096, which compares with Monday’s close of US$0.7631 or C$1.3105.
The S&P/TSX Composite Index closed at 15,292.71, up 75.01.
West Texas Intermediate crude oil fell 0.93 U.S. cents to US$62.17 per barrel. The drop comes as an aftershock from the U.S. imposing sanctions on Iran while granting waivers to eight countries to continue importing oil from the Middle East country without penalty.

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Gold also slipped, down 0.80 U.S. cents to US$1,232.50 per ounce. Barrick Gold Corporation has said its shareholders are 99 per cent in favour of taking over Randgold Resources Limited. Rangold is valued at US$7.9 billion and should the proposed takeover be successful it would return Barrick as the world’s largest gold mine company.

Canada’s agricultural sector faired as follows:

AGT Food and Ingredients———dn $ 0.01 at $ 17.76
Buhler Industries—————-unchanged at $ 3.86
Linamar Crop.——————–dn $ 0.51 at $ 54.84
Maple Leaf Foods—————–dn $ 0.10 at $ 29.60
Nutrien Ltd.———————up $ 3.23 at $ 74.70
Ritchie Bros Auctioneers Inc.—-dn $ 0.72 at $ 43.11
Rocky Mountain Dealerships Inc.–up $ 0.01 at $ 10.25

(All figures are in Canadian dollars.)
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