Canadian Financial Close: Loonie, TSX, crude oil flat on Thursday

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Published: September 26, 2019

By MarketsFarm

WINNIPEG, Sept. 26 (MarketsFarm) – The Canadian dollar was firm at market close on Thursday as crude oil and the Toronto Stock Exchange were flat. This came about as comments by China about buying more goods from the United States were balanced off by the impeachment inquiry of U.S. President Donald Trump.

The loonie finished the day at US$0.7541 or US$1=C$1.3260, which compares with Wednesday’s close of US$0.7536 or C$1.3270.

Benchmark oil prices were mostly steady on Thursday as West Texas Intermediate (WTI) crude oil rose five cents to close at US$56.54 per barrel, while Western Canadian Select crude was up two cents at US$43.78 per barrel. Brent crude oil was up 31 cents to close at US$62.70 per barrel.

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The TSX/S&P Composite Index remained flat with a gain of 6.11 on Thursday to close at 16,790.40 points.

Gold was down 30 cents on Thursday to close at US$1,512.00 per ounce.

Canada’s agricultural sector fared as follows:

Buhler Industries unchanged at $ 3.75
Linamar Corp. dn $ 0.22 at $ 42.09
Maple Leaf Foods dn $ 0.99 at $ 29.96
Nutrien Ltd. dn $ 0.66 at $ 64.89
Ritchie Bros Auctioneers Inc. up $ 0.80 at $ 52.08
Rocky Mountain Dealerships Inc. dn $ 0.06 at $ 6.97
(All figures are in Canadian dollars.)

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