Admiral tops risers on higher car insurance

AdmiralTue close: Weaker figures on UK public finances than had been expected helped nudge the FTSE100 index lower. It closed off 19.62pts at 6769.07 pts.

At least the situation in Greece seemed to be edging towards greater clarity and stability and has contributed to a mini-rally in UK and European stocks rally in recent weeks, even though shares are well off their April peak.


Gold prices were steady, just above a five-year low though some investors expect further declines.

Among gainers in equities were car insurers Admiral – which topped the risers – Direct Line and eSure which were all up on the back of rising insurance premiums.

Easyjet fell the most among blue-chip stocks, shedding 55p to 1666p after Commerzbank cut the airline’s price target from 1700p to 1550p.


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