Marks and Spencer shares ended 2.8 percent higher after the British retailer raised its margin outlook for the year. Other British retailers, including Morrisons and Sainsbury got a sharp boost from this, both closing up over 2 percent.
Dutch banking company, ING saw shares post sharp gains during trade before closing up 2 percent. The firm posted third-quarter results which were slightly above analysts' expectations on Wednesday, as provisions for bad loans fell in the Dutch market and net interest income increased, according to Reuters.
The world's third largest platinum miner, Lonmin, urged shareholders to approve a $400 million equity cash call at a meeting to be held next week, saying the injection was crucial to the company's survival. Shares in the London-listed firm slipped to close 8.8 percent lower on the news.
Just over half (55 percent) of the companies listed on the STOXX Europe 600 having reported earnings so far this quarter, with 49 percent having beaten or met expectations. 51 percent of companies have missed forecasts, according to Reuters.