Canadian Financial Close: Canadian dollar slips with oil and gold

By Commodity News Service Canada

WINNIPEG, Jan. 17 (CNS Canada) – The Canadian dollar was down at market close Thursday along with oil and gold.
The dollar finished the day at US$0.7522 or US$1=C$1.3294, which compares with Wednesday’s close of US$0.7548 or C$1.3248.
The S&P/TSX Composite Index closed Thursday at 15,211.22 up by 99.96 points.
Optimism on the major United States stock markets for progress towards resolving the U.S./China trade war had them finishing on the plus side on Thursday.
The Dow Jones was up 138.09 to finish Thursday at 24,345.25, the S&P 500 rose by 17.77 to 2,633.87 and the NASDAQ gained 43.87 points to end the day at 7,078.56.

Oil was down slightly Thursday as West Texas Intermediate crude oil lost five cents to close at US$52.26 per barrel.
Gold was down Thursday by US$2.20 to US$1,291.60 per ounce.

Canada’s agricultural sector faired as follows:

AGT Food and Ingredients———dn $ 0.17 at $ 16.72
Buhler Industries—————-unchanged at $ 3.61
Linamar Corp.——————–dn $ 0.61 at $ 48.81
Maple Leaf Foods—————–dn $ 0.19 at $ 28.41
Nutrien Ltd.———————up $ 1.91 at $ 67.69
Ritchie Bros Auctioneers Inc.—-up $ 0.80 at $ 47.37
Rocky Mountain Dealerships Inc.–dn $ 0.08 at $ 8.74

(All figures are in Canadian dollars.)

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