European shares rise

European shares rose on Tuesday and were on track to snap a six- session losing streak with Shell providing the biggest boost to the index following forecast-beating results.

Royal Dutch Shell rose 3.7 per cent after the oil major reported an 18 per cent rise in underlying net profit.

In all, the STOXX Europe 600 was up 0.4 per cent, after falling 1.1 per cent in October.

Moneysupermarket Group was the top riser, up 7.8 per cent and set for its best day in three years after the price comparison site reported results.

Tyre maker Nokian and consumer goods firm Orkla also rose after earnings and were up 5.8 per cent and 4.4 per cent respectively, according to a news agency report.