London shares advanced on Monday as retreating oil prices and hopes for diplomatic progress in the Middle East lifted global risk appetite. The FTSE 100 rose 0.73% to 10,737.66 points by 0932 GMT, recovering after a decline of almost 1.5% in the previous session, while the FTSE 250 gained 0.69%. HSBC rose 1.6%, Barclays added 2.3% and Standard Chartered gained 2.1%. Industrial miners climbed 1.8% as copper prices benefited from optimism about resilient Chinese demand, with Antofagasta and Anglo American each gaining about 3.4%. Oil prices fell to their lowest level in more than a week ahead of this week's United Nations meeting, weighing on BP and Shell, which each slipped near 1%, but supporting travel shares and lifting IAG by more than 1%. Barratt Redrow fell 2.1% after Peel Hunt downgraded the stock to hold from add. Syncona jumped 5.7% after its portfolio company Beacon Therapeutics reported that its Phase II/III VISTA trial met the US FDA (U.S. drug regulator)-endorsed primary endpoint for the gene therapy laru-zova. Craneware plunged 23% after cutting its full-year revenue outlook. Investors were focused on this week's meeting between US President Donald Trump and Chinese President XI Jinping, while British government bond yields eased and the pound fell 0.1% after the Bank of England kept interest rates unchanged the previous week.