Major European stock market indices closed their first session of March higher after ending February on a positive note.

Investors were evaluating the latest data on euro zone inflation in February, which registered a more significant decline than in the previous month, CNBC reported.

London's FTSE 100 rose 52.48 points, or 0.69 percent, to 7,682.5 points.

In Frankfurt, the DAX added 56.88 points, or 0.32 percent, to 17,735.07.

The Paris CAC 40 recorded a minimal growth - by 6.74 points or 0.09 percent to 7934.17 points.

The pan-European Stoxx 600 rose 0.6 percent to 497.58 points.

Shares of technology companies rose an average of 1.6 percent today, while those of insurers fell 0.7 percent.

European stock exchanges marked a mixed start to trading

Shares of Germany's largest commercial vehicle maker Daimler Truck hit a new record high, jumping more than 15 percent.

The company reported record profit for 2023 and announced a 2 billion euro ($2.16 billion) share buyback program.

Daimler Trucks' pre-tax profit reached 5.5 billion euros last year, which is 39 percent more than in 2022 and above analysts' forecasts, BTA notes.

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