FTSE 100 movers: JD Sports surges on buybacks; software stocks fall

(Sharecast News) - London's FTSE 100 was 0.4% higher at 10,732.72 in afternoon trade on Monday. JD Sports surged to the top of the index after saying it was returning £200m to shareholders through share buybacks in its 2026/27 financial year.

Precious metals miner Fresnillo shone as gold prices gained amid tariff uncertainty.

Standard Chartered was in the black ahead of full-year results on Tuesday.

On the downside, software stocks The Sage Group, LSEG and Relx were under the cosh again as worries about AI disruption resurfaced after Anthropic unveiled a new security tool on Friday.

ICG was also in the red following a Sky News report it is in talks to buy a stake in telecoms providers Southern Communications Group at a valuation of over £700m.

According to Sky, ICG has entered exclusive negotiations about a transaction that would see it acquiring a large minority stake in SCG.

FTSE 100 - Risers

JD Sports Fashion (JD.) 82.60p 5.65% Fresnillo (FRES) 4,026.00p 4.46% Burberry Group (BRBY) 1,245.00p 2.60% Antofagasta (ANTO) 4,086.00p 2.35% Standard Chartered (STAN) 1,840.00p 2.11% Anglo American (AAL) 3,679.00p 1.71% Centrica (CNA) 191.15p 1.54% Marks & Spencer Group (MKS) 403.20p 1.54% Legal & General Group (LGEN) 279.00p 1.53% BP (BP.) 474.35p 1.44%

FTSE 100 - Fallers

Smurfit Westrock (DI) (SWR) 3,413.00p -6.31% Mondi (MNDI) 890.00p -3.93% The Sage Group (SGE) 795.80p -2.86% London Stock Exchange Group (LSEG) 7,712.00p -2.43% Whitbread (WTB) 2,667.00p -2.31% ICG (ICG) 1,700.00p -2.19% Relx plc (REL) 2,274.00p -2.07% BAE Systems (BA.) 2,124.00p -1.89% Haleon (HLN) 404.00p -1.34% Babcock International Group (BAB) 1,403.00p -1.20%