Toronto stocks moved down Wednesday, as weakness across the broader market offset a strong day in the energy sector.

The S&P/TSX composite index fell 21.61, or 0.16%, to 13,197.15.

Eight of the 10 TSX main sub-groups were down, but the energy index improved 0.94%.

Light, sweet crude for May delivery jumped $1.15 to US$64.08 on tensions in the Middle East.

Nexen Inc. gained 87¢, or 1.24%, to $70.92.

The materials index fell 0.25%, but the gold sub-index gained 0.20%.

Gold futures rose $4.30 to finish at US$666.80.

Iamgold Inc. fell 1¢, or 0.11%, to $9.18.

Financials fell 0.65%.

In its second day trading, Montreal Exchange fell $1.63, or 3.53%, to $44.52, falling below yesterday’s opening day price of $45.00.

AGF Management gained $1.46, or 4.59%, to $33.25 after the financial services company reported a $36.3 million quarterly profit, a 50% gain over the same period last year, and also announced a dividend increase.

The Canadian dollar was down 0.15 of a cent to US86.27¢.

The S&P TSX Venture Exchange edged ahead 2.27, or 0.07%, to 3,170.50.

In New York, markets moved lower on comments from U.S. Federal Reserve chairman Ben Bernanke indicating he felt inflation remained a concern.

The Dow Jones industrial average lost 96.93, or 0.78%, to 12,300.36, the Nasdaq lost 20.33, or 0.83%, to 2,417.10, and the S&P500 was off 12.38, or 0.87%, to 1,417.23.