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* FTSE 100 up 0.5%, FTSE 250 adds 0.1%
Nov 24 (Reuters) - UK's FTSE 100 rose on Wednesday to its highest in a week, with gains led by energy majors after oil prices jumped, while Apple supplier IQE plunged following a downbeat earnings forecast.
The commodity-heavy FTSE 100 .FTSE climbed 0.5% — rising for a third consecutive day, while the domestically focussed mid-cap index .FTMC edged up 0.1%.
BP BP.L and Royal Dutch Shell RDSb.L rose more than 1% as investors remained sceptical about the effectiveness of a U.S.-led coordinated release of oil stocks from strategic reserves. O/R
Miners .FTNMX551020 added 1.2%, supported by higher copper prices. MET/L
Asset manager Brewin Dolphin BRW.L slid 5.7% after warning of market volatility ahead, as government support measures unwind and consumer demand falls back into normal levels.
Britvic BVIC.L advanced 2.7% after the soft drinks company reported a 9% rise in profit after tax despite warning of inflationary pressures.
IQE Plc IQE.L , which makes semiconductor wafers for chips, slumped 19.6% after it forecast lower annual profit margin and revenue.
(Reporting by Bansari Mayur Kamdar in Bengaluru; editing by Uttaresh.V)
((BansariMayur.Kamdar@thomsonreuters.com;))
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DJ STOXX index................................... .STOXX
Top 10 STOXX sectors........................ .PGL.STOXXS
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Top 10 Eurotop 300 sectors.................. .PGL.FTEU3S
Top 25 European pct gainers.................... .PG.PEUR
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