FTSE 100 Movers: Admiral rises on speculation

23rd Nov 2011 16:05

Car insurer Admiral rose amid speculation that the firm is to pay a dividend of 100p to shareholders. Shares have taken a dive in recent months following warnings that the group is facing unexpectedly high volumes of claims. Satellite operator Inmarsat was on the rise despite projections that the firm is set to be demoted from the FTSE 100. The firm has lost over 40% on its share price over the past year, equivalent to 273.7p. Shares in contract caterer Compass fell despite the firm reporting that underlying profits before tax had burst through the billion pounds barrier for the full year ended 30 September.The company achieved a 9.4% leap in revenue from £14.47bn to £15.83bn, which led to a 10.6% increase in underlying profit from £922m to £1.02bn (reported profit before tax: £958m from £913m). FTSE 100 - RisersAdmiral Group (ADM) 873.00p +3.01%Inmarsat (ISAT) 396.70p +1.35%International Consolidated Airlines Group SA (IAG) 133.40p +1.06%GlaxoSmithKline (GSK) 1,357.50p +1.04%Shire Plc (SHP) 2,015.00p +1.00%Smiths Group (SMIN) 876.00p +0.75%SABMiller (SAB) 2,106.50p +0.48%Centrica (CNA) 290.70p +0.48%Reckitt Benckiser Group (RB.) 3,186.00p +0.47%Morrison (Wm) Supermarkets (MRW) 311.90p +0.45%FTSE 100 - FallersMan Group (EMG) 124.00p -9.75%Royal Bank of Scotland Group (RBS) 17.30p -6.08%Hargreaves Lansdown (HL.) 425.40p -5.36%Schroders (SDR) 1,198.00p -4.16%Burberry Group (BRBY) 1,137.00p -4.13%Ashmore Group (ASHM) 308.00p -4.05%Essar Energy (ESSR) 214.10p -3.56%InterContinental Hotels Group (IHG) 1,007.00p -3.54%Petrofac Ltd. (PFC) 1,268.00p -3.28%Resolution Ltd. (RSL) 230.40p -3.19%NR