Brussels, March 18 (QNA) - European stock markets ended the day broadly higher, despite a renewed rise in oil prices above $100 a barrel amid fresh supply concerns.

The pan-European STOXX Europe 600 index closed up 0.6%, with most sectors and major regional bourses posting gains.

France's CAC 40 rose 0.49% to close at 7,974 points, while Germany's DAX gained 0.67% to 23,720 points.

In London, the FTSE 100 climbed 0.83% to finish at 10,403 points.

Markets recovered despite investor caution following a recent sell-off linked to escalating tensions in the Middle East. Traders are now looking ahead to signals from major central banks to reassess the economic outlook.

Both the Federal Reserve and the European Central Bank are expected to announce their latest monetary policy decisions later this week.

Energy stocks led gains, with the sector index rising 2.3%. Shares in Shell plc closed up 1.7%, marking a fifth consecutive session of gains.

Meanwhile, the Strait of Hormuz remains largely closed, with no clear timeline for reopening to shipping, adding to ongoing supply concerns. (QNA)