European shares turn positive, commodities up

FRANKFURT, Sept 22 (Reuters) - European stocks turned positive by mid-morning on Monday as commodity shares tracked higher metal and crude prices and banks rose on hopes that a U.S. financial sector package would help end a credit crisis.

At 0915 GMT, the FTSEurofirst was up 0.2 percent at 1,153.03 points after an 8.2-percent rise on Friday, its biggest one-day gain on record.

The FTSE 100 .FTSE index was up 0.15 percent, the German DAX GDAXI was 0.2 percent higher and France's CAC 40 .FCHI rose 0.7 percent.

Energy shares were higher after crude prices CLc1 gained $2.26 to $106.81 a barrel. BP (BP.L: Quote, Profile, Research, Stock Buzz), Royal Dutch Shell (RDSa.L: Quote, Profile, Research, Stock Buzz) and BG (BG.L: Quote, Profile, Research, Stock Buzz) were up 1.9-2.5 percent.

Miners tracked metal prices higher with copper up 1.78 percent. Eurasian Natural Resources (ENRC.L: Quote, Profile, Research, Stock Buzz), BHP Billiton (BLT.L: Quote, Profile, Research, Stock Buzz), Vedanta Resources (VED.L: Quote, Profile, Research, Stock Buzz) and Xstrata (XTA.L: Quote, Profile, Research, Stock Buzz) rose between 1.9-5.7 percent.

(Reporting by Sarah Marsh)