TSX Index Dips as Energy and Mining Shares Decline

The TSX fell 0.2% on Friday as energy and materials sectors declined amid hopes for diplomatic progress in the Iran war. Technology shares rose despite the dip.

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Canada's S&P/TSX Composite Index fell 0.2% to 33,891.18 on Friday evening, erasing its gains for the week. The index ended the five-day period down 0.04%, though it maintains a 6.9% advance since the start of the year. Resource sector losses offset a 1.9% tech rally as investors monitored potential diplomatic progress in the Iran war.

Geopolitical Shifts Dampen Resource Demand

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