LONDON - Banks and commodity-linked stocks pushed Britain's top share index higher, with risk appetite returning among investors as euro zone debt fears ebbed, and Man Group recouping the previous session's losses. The FTSE 100 closed at 5,307.34 points, up 44.8 or 0.85 percent.

@MARKET ROUNDUP:EUROFIRST

EUROPE - European shares rose, snapping two consecutive days of falls as sovereign debt fears waned after Greece received funds from the European Union to repay its immediate debt.

The pan-European FTSEurofirst 300 index of top shares closed up 1.34 percent at 1,026.64 points, but was still down 1.8 percent for the year.

@MARKET ROUNDUP:EUROmarkets

FRANKFURT - The DAX index ended at 6,155.93 points, up 89.01 or 1.47 percent.

PARIS - The CAC-40 index closed at 3,617.32 points, up 73.77 or 2.08 percent.

ZURICH - The Swiss market index closed at 6,470.84 points, up 41.98 or 0.65 percent.

MILAN - The FT IT All Share index closed at 20,890.02 points, up 474.19 or 2.32 percent.

@MARKET ROUNDUP:nikkei

TOKYO - Japan's Nikkei average was flat after sinking four percent in the past two sessions, with a stronger yen against the euro amid worries about the euro zone's fiscal woes offsetting short-covering. The Nikkei added 6.88 points to 10,242.64, off a 10-week closing low hit the previous day.

@MARKET ROUNDUP:hang seng

HONG KONG - Hong Kong shares extended gains to finish up 1.17 percent, with a rebound in China's equities markets further encouraging investors to scoop up beaten down stocks. The Hang Seng Index ended up 229.74 points at 19,944.94, bouncing from its weakest closing level in more than three months on Monday.

@MARKET ROUNDUP:asx

SYDNEY - Australian shares eked out a tiny gain, failing to capitalise on a late bounce on Wall Street with investors worried about the European bailout and a planned profits tax on mining companies. The S&P/ASX 200 index picked up 3.5 points to reach 4,470, crawling back from a 3.1 percent drop on Monday.

@MARKET ROUNDUP:south africa

JOHANNESBURG - South African banks drove the Johannesburg bousre higher, lifted by positive sentiment out of Europe, but the rand was softer against the dollar, tracking lingering weakness in the euro and a lower gold price.

The All-share index closed at 27,573.83 points, up 267.09 or 0.98 percent. The All Gold index closed at 2,493.15 points, down 31.29 or 1.24 percent, while the Industrial index closed at 22,094.4 points, up 354.6 or 1.63 percent.