FTSE 100 down 0.2, FTSE 250 up 0.1
Energy stocks lead declines as oil prices slip
U.S. Fed Chair Powell39;s speech at Jackson Hole awaited

Aug 20 Reuters UK39;s FTSE 100 benchmark stock index edged lower on Tuesday, pulled down by energy and copper miners39; shares, while optimism around a September interest rate cut by the U.S. Federal Reserve limited losses.

The bluechip FTSE 100 index was down 0.2 by 0708 GMT, after it closed at its highest level since early August on Monday. The midcap FTSE 250 was up 0.1 by 0708 GMT.

Energy shares were the biggest losers on the benchmark, declining 1 due to a drop in oil prices. Sector majors Shell and BP fell about 1, each.

Israel accepted a proposal to tackle disagreements blocking a ceasefire deal in Gaza, helping ease supply disruption concerns in the Middle East and pushing oil prices lower.

Real estate and real estate investment trusts stocks were among the top losers, declining 0.2, each, after gaining on Monday.

Industrial metal miners inched 0.3 lower as copper prices fell on shortcovering after a rally in the previous session.

Antofagasta gained marginally after the Chilean miner posted a 5 increase in halfyear profit.

On the flip side, precious metal miners gained 0.5 as gold prices steadied near record highs.

Investors39; focus is now on Fed Chair Jerome Powell39;s speech at the annual Jackson Hole economic symposium in Wyoming later this week.

The policymaker is widely expected to acknowledge the case for a…