Investments and investor services
FTSE 100 drops in afternoon trading; ends lower almost 2% lower
The FTSE 100, which had been outperforming its European counterparts for much of the day, dropped further in the afternoon to end 1.8% lower at 6,408.
Company
Admiral Group Plc
LON:ADM
Admiral Group began in January 1993 with just one brand, zero customers and 57 members of staff. By June 2008, the Group had nine brands, over 1.5 million vehicles insured and 2500 members of staff. Group turnover, comprising total premiums written, gross other income and allocated investment income, rose 14% to £472.5 million (H1 2007: £417.8 million).
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The FTSE 100, which had been outperforming its European counterparts for much of the day, dropped further in the afternoon to end 1.8% lower at 6,408.
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Investments and investor services
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Archive
Admiral Insurance, Chris Evans and a fork in the road for the stock
I’ve had a couple of questions regarding Admiral's price movements this year as a few folk suspect they are seeing a head and shoulders formation making itself known this year. But I wouldn't bet against the uptrend since 2011 across the bo