Canadian Financial Close: North American stock markets have a good day thanks to oil

By Commodity News Service Canada

WINNIPEG, Jan. 15 (CNS Canada) – The Canadian dollar was virtually unchanged at market close Tuesday amid positive gains in the major North American stock markets, which were aided by the increase in oil.
The dollar finished the day at US$0.7538 or US$1=C$1.3266, which compares with Monday’s close of US$0.7536 or C$1.3269.
The S&P/TSX Composite Index closed Tuesday at 15,046.28 up by 70.75 points, the first time in about a month the TSX closed above the 15,000 mark.
In the United States, the Dow Jones finished Tuesday up 155.75 to 24,065.59, the NASDAQ gained 117.92 points to 7,023.83 and the S&P 500 rose by 27.69 points to 2,610.30.

Oil was up Tuesday as West Texas Intermediate crude oil gained US$1.60 to close at US$52.11 per barrel.
Gold was down Tuesday by US$2.50 to US$1,288.80 per ounce.

Canada’s agricultural sector faired as follows:

AGT Food and Ingredients———up $ 0.01 at $ 16.81
Buhler Industries—————-unchanged at $ 3.61
Linamar Corp.——————–up $ 0.60 at $ 49.06
Maple Leaf Foods—————–dn $ 0.18 at $ 28.25
Nutrien Ltd.———————dn $ 0.01 at $ 65.91
Ritchie Bros Auctioneers Inc.—-up $ 0.14 at $ 46.41
Rocky Mountain Dealerships Inc.–up $ 0.03 at $ 8.91

(All figures are in Canadian dollars.)

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