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* WPP ( WPP ) soars 26% after saying trading trajectory improved in
recent months
* Admiral jumps 4.6% after first-half results and share
buyback announcement
* Tritax Big Box REIT drops 4% after placing 350 million
pound share sale
Aug 6 (Reuters) - The UK's main stock indexes edged higher
on Thursday, bucking the weakness in Asian markets, as strong
earnings from companies, including Persimmon and WPP ( WPP ), lifted
sentiment.
The blue-chip FTSE 100 index rose 0.3% to 10,921.64
points by 0942 GMT, while the midcap FTSE 250 climbed
0.1% to 24,663.72 points.
* Persimmon climbed 3.6% after the housebuilder
forecast annual home deliveries at the top end of its range,
while insurer Admiral jumped 4.6% after its first-half
results and share buyback announcement.
* Among the midcap stocks, WPP ( WPP ) soared 26%, on track
for its biggest single-day percentage gain in over three
decades, after the ad firm said the trajectory had improved in
recent months, even as it reported a 4.7% drop in first-half
adjusted revenue.
* Asian stocks and U.S. Nasdaq futures came under pressure
as turbulence in the chip sector persisted, though broader
European markets were at record highs.
* Oil prices edged higher as uncertainty over Iran-Oman
talks to end five months of war between Iran and the United
States, as well as reports of attacks on Saudi tankers in key
shipping routes, stoked supply concerns.
* Investors are awaiting U.S. non-farm payrolls data on
Friday for clues on the health of the labour market and interest
rate trajectory.
* The downturn in Britain's construction industry eased in
July as commercial building and housebuilding weakened less
sharply, with builder optimism hitting its highest level since
before the Iran war, a survey by S&P Global showed.
* An index of British housebuilders added
1.2%.
* Among other movers, real estate investment trust Tritax
Big Box REIT dropped 4%, becoming the top decliner in
the FTSE 100, after it placed a £350 million share sale at £1.64
a share.
* Hikma Pharmaceuticals ( HKMPF ) rose 9% after it reported a
9% rise in half-year core operating profit and maintained its
annual outlook.