* FTSE 100, mid caps end little changed
* Health stocks, miners rise (Adds details, closing prices)
By Kit Rees
LONDON, Aug 23 (Reuters) - A sharp fall for advertiser WPP (Swiss: OXWPP.SW - news) was offset on the British market on Wednesday by gains in mining shares, which extended a strong run, and a buoyant health sector.
The FTSE 100 ended flat at 7,382.65 points.
Consumer goods clients were trimming spending, it said.
WPP's shares were already down around 12 percent this year heading into these results as it had cut its 2017 sales forecasts back in March.
"In the near term ... the poor trading momentum is likely to act as a continued drag on the stock until there is more evidence of a pick-up in sales growth," analysts at Patronus Partners (IOB: 0QOQ.IL - news) said in a note.
The drop in WPP followed a big fall by Provident Financial in the previous session, tanking 66 percent after it issued a profit warning, saw its CEO quit, suspended its dividend and disclosed a regulatory probe.
Provident's shares fell as much as 8 percent on Wednesday in volatile trade, then recovered to end 12.1 percent higher amid a broker scramble to slash target prices and ratings on the stock.
"Downgrade risk is still present due to lack of visibility on timeline, measures to be put in place and how much further investment is required," analysts at Barclays (LSE: BARC.L - news) said in a note.
Among risers, the defensive health care sector added the most points to the index, with AstraZeneca (NYSE: AZN - news) , GlaxoSmithKline (Other OTC: GLAXF - news) and Shire (Xetra: S7E.DE - news) gaining between 0.4 to 1.4 percent.
Mining stocks extended gains, up 1.5 percent and holding at a six-month high.
(Reporting by Kit Rees and Danilo Masoni; editing by Jeremy Gaunt)