The ASX 200 nears a record high, gaining 0.7% despite a slight underperformance in the financial sector.

ASX 200 hits record high, banks slip

The Australian share market lifted to fresh all-time highs on Monday, driven by broad-based gains as investors remain optimistic about the incoming Trump administration.&nbsp;The S&amp;P/ASX 200 Index climbed 23.8 points or 0.3% to 8,417.6.&nbsp;&nbsp;While 10 of the 11 sectors posted gains, financial stocks underperformed. Macquarie Bank fell 0.4%, ANZ lost 1.3% and National Australia Bank dipped 1.2%.&nbsp;&nbsp;Real estate led the gains, adding 1.6%, with Mirvac surging 3.3% to top the index.&nbsp;&nbsp;Mining stocks were mostly higher, with BHP and Fortescue Metals adding 0.1% and 0.4%, respectively, while Rio Tinto eased 0.4%.&nbsp;Energy stocks moved higher on steady oil prices amid escalating Ukraine-Russia tensions. Woodside gained 1.2%, and Beach Energy gained 0.4%.&nbsp;On the bond markets, 10-year and 2-year rates fell to 4.49% and 4.057%, respectively.

ASX 200 claims another record high, financials slip

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ASX 200 claims another record high, financials slip | Azzet™ - Where decisions are made