CANADA STOCKS-TSX steady as gold miners offset weakness in energy producers

Tue Aug 12, 2014 5:18pm EDT
 
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* TSX up 12.59 points, or 0.08 percent, at 15,274.23

* Six of 10 main index sectors advance

* Aecon, Ithaca Energy slip after results

By John Tilak

TORONTO, Aug 12 (Reuters) - Canada's main stock index was little changed on Tuesday, as advances in gold miners and financial companies helped offset a decline in energy producers.

Shares of gold producers benefited as the price of bullion rose after a report showed economic sentiment among analysts and investors in Germany hit a low point on worries over the impact of the Ukraine crisis.

A Russian convoy carrying food, water and other assistance headed for eastern Ukraine, where government forces were closing in on pro-Russian rebels. Kiev said it would not allow the vehicles to cross into its territory.

Other geopolitical crises in Iraq and the Gaza Strip added to investor jitters.

Trading on the Toronto Stock Exchange has been choppy over the past two weeks because of the geopolitical concerns, but its benchmark S&P/TSX composite index is up more than 12 percent this year.   Continued...