* S&P/TSX composite index was 0.42% lower at the end of the decline was contained by rise in energy, golden stock * Crude oil price rose 7% to $ 74.23 a barrel * Spot Gold rose 1.6% at $ 3,428.10 per ounces by Ragini Mathur and Promit Mukherjee June 13 -Canada’s main index of the recent Heen. On Friday, drone. Broader conflict after an Israeli attack and Iranian retaliation has stepped on world markets. Investors rushed to a secure Haven gold and pushed the price higher, while panicked by the prospect of an overall war, caused an increase in crude oil futures. The S&P/TSX compound index closed 0.42% at 26.504.35 points, which fell from its peak of all time a day ago. Iran has launched hundreds of ballistic missiles to Israel, reports Iranian media. This was in response to a strike by Israel in Iran’s nuclear sites, which spurred widespread tension in a politically fragile region. Israel warned that the strikes were the beginning of a prolonged operation to prevent Tehran from building nuclear weapons. Iran, which produces almost 4 million barrels of crude oil a day, promised a hard response. Investors on the TSX withdraw from financial, technology and industrial shares, while some have thrown out money in energy and gold enterprises. “You see a sale after a short bakkie due to the uncertainty about what could happen to Iran’s response this weekend,” said Elvis Picardo, senior portfolio manager at Luft Financial, IA Private Wealth. The conflict can reflect the whole world, Picardo said, adding, with the Middle East, the fear of disruption of the flow of oil that has inflationary effects in sectors and economies. The decline in the composite index on the Toronto Stock Exchange is limited by shares in energy and gold mining, as prices of crude oil and gold have climbed. Brent Ru Futures rose almost 7% to $ 74.23 a barrel. Spot gold rose 1.55% to $ 3,437,18 per ounce. The covered energy index increased by 2.77% and helped the impact of the decline of the composite index. Energy shares make up almost 17% of the total weight on the main index. Material index, or the tracker of mining companies, has risen by 1.41%, especially due to an increase in gold mining stocks, as investors prefer to resort to the precious metal during times of uncertainty. Mining businesses demand a weight of 12.5% in the benchmark index. The benchmark index scored a second consecutive record high on Thursday and appears to have the third direct weekly profit, provided the losses are happy. This article was generated from an automated news agency feed without edits to text.
TSX falls like Iran-Israel tension shaking markets | Einsmark news
