London markets started Monday on a positive note, shaking off last week’s banking-led sell-off. The FTSE 100 opened 0.5% higher at 9,396.84, while the FTSE 250 added 0.1% to 21,807.47.
Financial stocks led the gains, with notable increases:
Defence shares also attracted attention, with:
Investor sentiment was buoyed by reports that the US and China will hold another round of trade talks this week, easing concerns over another round of tit-for-tat tariffs.
Author's summary: FTSE 100 rises 0.5% as banks rebound.