(Updates prices and details throughout)

* TSX up 0.4% as miners lead gains

* Oil price slide drags down energy stocks

* Benchmark index poised for marginal weekly gain

By Tharuniyaa Lakshmi

June 26 (Reuters) - Canada's main stock index rose on

Friday, lifted by gains in mining shares as gold prices rose,

while investors kept an eye on developments in Middle East peace

talks.

At 10:12 a.m. ET, the Toronto Stock Exchange's S&P/TSX Composite

Index was up 0.4% at 35,001.66 points.

* The materials index, which includes metal

miners, was up 1.6% as gold prices increased, supported by a

weaker dollar amid easing expectations of U.S. interest rate

hikes following the release of inflation data.

* Spot gold and silver were up 1.5% and 2.3%,

respectively.

* I-80 Gold Corp, Discovery Silver Corp ( DSVSF )

and Equinox Gold Corp ( EQX ) were among the top gainers on the

index, rising 5.2% to 6.6% each.

* Eight of 10 TSX sectors were in the green, with the energy

index the only laggard, falling 0.5% as oil prices

declined on easing supply concerns after stranded tankers began

exiting the Strait of Hormuz.

* Tehran reasserted its right to control shippingin the

strait on Friday and warned Gulf states against siding with the

U.S., a day after an attack on a ship near Oman highlighted the

fragility of a preliminary deal to end the Iran war.

* If gains hold, the TSX is on track for a marginal weekly

gain.

* Canadian stocks have pulled ahead of U.S. peers so far in

2026, supported by resilient commodities and limited exposure to

the tech selloff.

* "What we've seen over the past year is a broader

reallocation across investments...," said Greg Eckel, portfolio

manager at Canadian General Investments. "The Canadian market,

particularly Toronto, is well placed to benefit from that

shift."