FTSE 100 up 0.4, FTSE 250 flat

Aug 27 Reuters UK39;s benchmark FTSE 100 stock index jumped on Tuesday led by miners and energy shares, as copper prices touched a sixweek peak, while Bunzl hit a record high after the business supplies distributor forecast a strong annual profit.

The bluechip FTSE 100 index was up 0.4 by 0715 GMT, after hitting a oneweek high, while the domesticallyfocused midcap FTSE 250 was largely unchanged.

The UK equity market was closed on Monday for a bank holiday.

Both indexes posted a second straight weekly rise on Friday, with markets globally cheering U.S. Federal Reserve Chair Jerome Powell39;s nod to initiate interest rate cuts at the Jackson Hole economic symposium.

While high copper prices boosted metal miners, energy stocks climbed even though oil prices paused after sharp gains recently.

Bunzl jumped 11 to the top of the FTSE 100, after raising its annual adjusted operating profit forecast, helping the general industrials index touch a record high.

On the flip side, Associated British Foods was the worsthit stock on the benchmark index, down 3, after Deutsche Bank downgraded the stock to Sell from Hold.

However, investors also kept an eye out for tensions in the Middle East, while awaiting a crucial inflation report from the United States, with a dry events calendar at home.

Meanwhile, data showed British shop prices fell in annual terms this month for the first time since October 2021.

This comes on the heels of the Bank of…