UK indexes climb as oil prices retreat, banks lead gains

London shares closed higher on Monday, with ​banks leading gains, as risk appetite ​worldwide got a boost after oil prices ‌retreated ​on hopes of diplomatic progress in the Middle East.

The blue-chip FTSE 100 index rose 0.75% to 10,739.01 points after declining almost 1.5% in the ‌previous session. The midcap FTSE 250 climbed 1.18% to its highest level in nearly two weeks.