Your Reading List

Canadian Financial Close: Loonie firms with crude oil

Reading Time: < 1 minute

Published: April 9, 2018

By Commodity News Service Canada

WINNIPEG, April 9 (CNS) – The Canadian dollar finished
slightly higher against its U.S. counterpart on Monday.
Gains in crude oil and gold bullion paced the market.
Losses in natural gas and platinum were bearish for the
commodity-backed currency.
Canadian government bonds were mostly mixed on the day. The
10-year note yield dropped to 2.143% from 2.149% on Friday.
The Canadian dollar settled on Monday at US$0.7856 cents or
C$1.2729, compared to Friday’s North American close of
US$0.7835 or C$1.2764.
The S&P/TSX Composite Index rose 20.29 points, or 0.13%, to
15,227.70. The market took strength from mild gains in financial
stocks and industrials, while the tech sector also provided some
support.
Canada’s agricultural sector performed as follows:

AGT Food and Ingredients—–up $ 0.23 at $ 16.70
Buhler Industries————dn $ 0.09 at $ 4.00
Maple Leaf Foods————-up $ 0.25 at $ 31.56
Nutrien Ltd.—————–up $ 1.41 at $ 58.78

(All figures are in Canadian dollars.)

About the author

GFM Network News

GFM Network News

Glacier FarmMedia Feed

Glacier FarmMedia, a division of Glacier Media, is Canada's largest publisher of agricultural news in print and online.

explore

Stories from our other publications