EU shares managed to close in green after three days of losses

EU shares managed to close in green after rebounding from three days of losses, as companies from Actelion Ltd. to ARM Holdings Plc (ARM) projected an improvement in financial results.

Otherwise Ukraine`s pro-Russian rebels surrendered the flight recorder (Black) boxes of Malaysia Airlines flight MH-17 and the bodies of 298 people on board when it was shot down over militant-held territory last week.

Tensions between Russia and the West remained high in the wake of the downing of a Malaysian airliner last week.

The European Union (EU) foreign ministers are expected to approve further sanctions against a range of Russian later Tuesday in response to the suspected downing of a Malaysia Airlines jetliner by Moscow-backed rebels in eastern Ukraine.

Investors await the outcome of a meeting between EU foreign ministers in Brussels.

Separately, hopes for a ceasefire in Gaza mounted after U.S. Secretary of State John Kerry arrived in Cairo Monday night to work out a cease-fire in the 14-day-old conflict even as Israel kept up its assaults in the Gaza Strip.

Accordingly:

 - London`s  FTSE 100  gained by 58.50 points to 6745.50

- Paris`s  CAC 40  100  gained by 58.50 points to 4,371.00

- Frankfurt`s  DAX 30  100  gained by 112.50 points to 9,737.50.