By Commodity News Service Canada
WINNIPEG, Feb. 5 (CNS Canada) – The Canadian dollar was down at market close Tuesday as oil prices slip for a second day.
The dollar finished the day at US$0.7614 or US$1=C$1.3134, which compares with Monday’s close of US$0.7618 or C$1.3127.
The S&P/TSX Composite Index closed Tuesday after gaining 100.37 points to finish at 15,702.69 points on reports of strong corporate earnings.
Oil prices were down on Tuesday as a drop factory orders in United States raised concerns of an economic slowdown. West Texas Intermediate crude oil lost 86 cents to close at US$53.70 per barrel. Brent crude oil fell 48 cents to close at US$62.03 per barrel.
Gold was up by 20 cents on Tuesday to US$1,319.50 per ounce.
Canada’s agricultural sector faired as follows:
AGT Food and Ingredients up $1.15 at $17.84
Buhler Industries unchanged at $3.61
Linamar Corp. up $0.70 at $51.22
Maple Leaf Foods up $0.47 at $30.31
Nutrien Ltd. up $0.03 at $68.28
Ritchie Bros Auctioneers Inc. up $0.59 at $48.31
Rocky Mountain Dealerships Inc. dn $0.13 at $8.90
(All figures are in Canadian dollars.)