Aug 7 (Reuters) - A tumble in shares of energy companies pressured Canada’s main stock index on Wednesday, as crude prices slumped to their lowest in seven months.
* Sentiment was also pressured by worries about the impact of a long-drawn U.S.-China trade war on global growth, with yields on U.S. and Germany bonds plummeting as investors sought safe-haven assets. Financials slipped 0.9% in early trade.
* Only the materials sector was trading higher, up 2.3%, as gold’s role as a safe-haven asset propelled the metal to a six-year peak.
* The energy sector dropped 1.5% as U.S. crude prices were down 2.8% a barrel, while Brent crude lost 2.5%.
* Oil prices were weighed down by the deepening trade tensions that weighed on the outlook for energy demand.
* Energy companies were the biggest decliners on the TSX. Nuvista Energy dropped 8.5%, while Ensign Energy Services Inc slipped 5.6%.
* At 9:43 a.m. ET (13:43 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was down 58.22 points, or 0.36%, at 16,091.27.
* On the TSX, 58 issues were higher, while 176 issues declined for a 3.03-to-1 ratio to the downside, with 29.45 million shares traded.
* The largest percentage gainers on the TSX were gold miners B2gold Corp, which jumped 13.4%, and Semafo Inc , which rose 9.3%.
* The most heavily traded shares by volume were Enbridge Inc , Troilus Gold Corp and B2gold Corp.
* The TSX posted 23 new 52-week highs and 20 new lows.
* Across all Canadian issues there were 109 new 52-week highs and 49 new lows, with total volume of 50.78 million shares. (Reporting by Amy Caren Daniel in Bengaluru; Editing by Sriraj Kalluvila)