British FTSE 100 index traded 0.8% higher on Monday ahead of European finance ministers meeting in Brussels as investors hoped it will result in second bailout package for Greece. Financial and resource shares which are closely linked to economic growth posted major gains. Lloyds Banking Group advanced 3.2% and Royal Bank of Scotland climbed 3.3%. Miner Rio Tinto soared 2.5% and BHP Billiton surged 2.6%. At the moment of writing FTSE 100 index is 0.66% or 39.69 points up at 5,945.30.