CANADA STOCKS-TSX edges higher after Iran-Israel ceasefire

June 24 (Reuters) - Canada's main stock index edged higher on Tuesday after U.S. President Donald Trump announced a ceasefire between Iran and Israel, while losses in heavyweight mining shares kept overall gains in check.

The S&P/TSX Composite Index .GSPTSE advanced 0.3% at 26,686.38 points.

The truce, however, remained shaky as Trump accused both nations of violating the ceasefire agreement.

Israel acknowledged that it hit Iran's radar in retaliation for Iranian missile launches but said it had refrained from attacks beyond that.

Tehran has rejected accusations of breaching the truce.

"It's going to remain choppy just because there's going to be volatile news...every hour there's news released one on top or the other that's moving markets," said Josh Sheluk, portfolio manager at Verecan Capital Management.

On the TSX, mining stocks .GSPTTMT fell 1.8% after gold prices declined nearly 2%.

Gold miners were among the top decliners on the index, with G Mining GMIN.TO and SSR Mining SSRM.TO falling 5.4% and 4.9%, respectively.

The energy sector .SPTTEN lost 0.3%, tracking a fall in oil prices.

On the flip side, information and technology .SPTTTK rose 1.6%.

Shares of e-commerce firm Shopify SHOP.TO gained 4%, rising for the third straight day and offering the biggest boost to the benchmark index.

Canada's annual inflation remained unchanged at 1.7% in May, with a drop in gasoline costs keeping the overall index stable.

May and June's inflation data, expected before the Bank of Canada's policy meeting in July, will be factored into any rate decision on July 30.

Canada and Europe agreed to deepen security ties ahead of the NATO summit in the Hague.