LONDON, Nov 10 (Reuters) - European shares turned positive in early trading on Tuesday as financial stocks gained ground after HSBC Holdings (HSBA.L: Quote, Profile, Research) said losses on U.S. consumer loans had shown their first fall in three years.

At 0851 GMT, the FTSEurofirst 300 index of top European shares was up 0.1 percent at 1,013.48 points after falling to a low of 1,009.12 earlier in the session. It jumped 2 percent in the previous session.

Shares in HSBC Holdings (HSBA.L: Quote, Profile, Research) rose 3.2 percent after Europe's biggest bank announced results, while Lloyds (LLOY.L: Quote, Profile, Research), Royal Bank of Scotland (RBS.L: Quote, Profile, Research), BNP Paribas (BNPP.PA: Quote, Profile, Research) and Societe Generale (SOGN.PA: Quote, Profile, Research) rose 0.1 to 2.3 percent.

Barclays (BARC.L: Quote, Profile, Research), however, fell 2.1 percent. It said strong investment banking helped limit a fall in profit in the third quarter. [ID:nLA601181] (Reporting by Atul Prakash)