By MarketsFarm
WINNIPEG, Oct. 9 (MarketsFarm) – The Canadian dollar was stronger ahead of Canada’s Thanksgiving Long Weekend.
The dollar finished the day at US$0.7613 or US$1=C$1.3136, compared to Thursday when it closed at US$0.7564 or US$1=C$1.3220.
Global stock indices traded higher on Friday, on hopes that a stimulus package may pass before the United States Presidential Election on Nov. 3.
The TSX Composite Index was up 28.27 points to close at 16,562.81.
Benchmark crude oil prices were weaker. West Texas Intermediate (WTI) was down 65 cents to close at US$40.54. Brent Crude was down 55 cents at US$42.79.
Canada’s agricultural sector fared as follows:
Buhler Int. unchanged at $ 2.27
Linamar Corp. up $ 0.27 at $ 44.00
Maple Leaf Foods up $ 0.04 at $ 25.17
Nutrien Ltd. dn $ 0.01 at $ 53.80
Ritchie Bros Auctioneers Inc. up $ 1.62 at $ 85.62
Rocky Mountain Dealerships Inc. dn $ 0.06 at $ 5.64
(All figures are in Canadian dollars.)
