European markets ended mostly higher today, amid a series of corporate financial results and the statement by the chairman of the Federal Reserve Board in the United States that the fight against inflation will continue, reported CNBC.

London's FTSE 100 hit a record intraday high shortly after European markets opened, rising 0.8 percent to 7,925.02.

The index then pared gains to end the day 0.3 percent higher, closing below 7,900

In Frankfurt, the DAX rose 91.17 points, or 0.6 percent, to 15,412.05.

The Paris CAC 40 was down 12.52 points, or 0.18 percent, at 7,119.83.

Milan's FTSE MIB rose 41.99 points, or 0.15 percent, to 27,160.73.

The broader European Stoxx 600 index also pared earlier gains to tentatively end the session up 0.3%.

Oil and gas stocks led gains of 1.6%.

European stock markets opened optimistically after the speech of the head of the UFR