The FTSE 100 traded 0.3% higher near record levels above 10,470 on Monday as renewed risk appetite lifted banking and financial stocks despite weakness in miners and utilities. Banks led gains with NatWest up more than 3.5%, Barclays rising over 2%, and HSBC Holdings and Standard Chartered gaining around 2% each as investors returned to riskier assets. The rebound follows a difficult week for UK lenders after recent earnings disappointed following strong rallies earlier in the year supported by share buybacks. Mining stocks weighed on the index as metal prices softened, with Rio Tinto, Glencore and Anglo American among the main drags. Utilities also underperformed as higher risk appetite reduced demand for defensive stocks, leaving National Grid and SSE lower.