StockMarketWire.com - UK stocks are climbing on Thursday amid weaker sterling, which fell in response to UK prime minister Boris Johnson's decision on Wednesday to prorogue parliament ahead of the Brexit deadline.

At 08:58, the benchmark FTSE 100 was 0.67%, or 48.01 points, higher at 7,162.72.

AstraZeneca added 1.20% to £7.35 after its lupus drug met its primary goal in a clinical trial.

International software product group Micro Focus International plummeted 29.07% to 1,103.20p after it revised its full-year revenue guidance down by two percentage points. This came as a result of weak sales execution and as a 'deteriorating macro environment' led to longer decision-making cycles in its customer base.

Energy services group Hunting gained 3.26% to 443.82p after it reported an uptick in half-yearly profit on higher revenue despite the uncertainty in the oil and gas industry.

Diversified Gas & Oil grew 1.48% to 103p after it said it had acquired the assets of EdgeMarc Energy for $50m.

Consumer products group PZ Cussons slipped 1.22% to 203p after it said it had entered into an agreement to sell its Greek food subsidiary Minerva and its Polish personal care brand Luksja.

Mid-market private equity investor Oakley Capital Investments Limited added 1.95% to 235p after it said it had completed an investment in iconic homeware brand Alessi via a contribution of approximately £6m through its Oakley Capital Private Equity III fund.

The Gym Group climbed 2.91% to 245.55p after it reported a surge in profit as revenue grew by more than a quarter on the back of a 10% rise in membership numbers.

Dev Clever grew 2.24% to 4.56p after it said it had entered a commercial partnership agreement with One Voice Digital to boost the latter's consumer engagement efforts.

Real estate investment trust Regional REIT climbed 0.60% to 104.42p after it said it would pay a dividend of 1.90p per share for its second quarter, the period from 1 April 2019 to 30 June 2019.

Guarantor loans provider Amigo slumped 32.63% to 98.50p after it reset annual expectations, blaming a weaker economic outlook and expectations that impairment would remain at a higher level than previously expected.

International fresh produce company Total Produce rose 1.22% to 115.90p after it reported a sharp increase in earnings for its first half, as it incorporated its share of results from its Dole acquisition for the first time. It said it expected to see an increase in adjusted fully diluted earnings per share for the full year.

Recruitment consultant Hays fell 3.38% to 134.40p after it announced a special dividend after reporting a slight fall in profit as weaker macroeconomic conditions in many markets kept a lid on net fees growth.

Convenience store retailer McColl's Retail Group slipped 1.86% to 47.50p after it said third-quarter sales and revenue were dragged down by a 'challenging' trading environment and poorer weather across the summer, but added that it still expected full-year results to be 'in line' with expectations.

Real estate investment trust Triple Point Social Housing REIT fell 1.85% to 85p after it announced an interim dividend of 1.27p per ordinary share for the period from 1 April to 30 June 2019. Primary vanadium producer Bushveld Minerals increased 2.80% to 22.36p after it said it had received approval from the Competition Commission of South Africa to acquire the Vanchem assets.

Power company Plutus PowerGen added 6.25% to 0.34p after it said it had entered into a collaboration agreement with an FCA-regulated investment adviser for the equity funding portion of its proposed initial 80MW and contemplated further portfolio of 160MW of Peaker gas sites in the UK.

UK-focused hydrocarbon company Union Jack Oil jumped 12% to 0.32p after it said that drilling at its West Newton wells in Yorkshire showed the presence of both oil and gas, rather than pure gas as it originally thought. Story provided by StockMarketWire.com