Dec. 16 (Bloomberg) -- German stocks advanced, paced by E.ON AG on a report that Hungary plans to raise power prices by 10 percent, which may boost earnings at E.ON's three electricity distributors.

Shares of Deutsche Telekom AG, which plans to sell a stake in a Russian mobile-phone company, advanced.

The benchmark DAX Index rose 6.26, or 0.2 percent, to 4219.95 as of 1:47 p.m. in Frankfurt. The HDAX Index of the country's 110 biggest companies climbed 0.1 percent to 2152.9. DAX December futures fell 0.1 percent.

Adidas-Salomon AG rose after saying its global market share for soccer equipment will reach 35 percent this year.

E.ON, Europe's second-largest utility, added 89 cents, or 1.4 percent, to 66.09 euros. Hungary's government will begin the power-price rises for households and companies in February to compensate for rising fuel costs, the newspaper said, without saying how it got the information.

The price increase will raise earnings at Hungary's six electricity distributors, three of which E.ON owns. RWE AG, Europe's third-largest utility, added 3 cents, or 0.1 percent, to 39.98. RWE owns two of the six distributors.

Deutsche Telekom advanced 13 cents, or 0.8 percent, to 16.43 euros. The biggest German phone operator plans to sell a 12 percent stake, worth $1.44 billion, in OJSC Mobile TeleSystems to bolster funds for purchases and future dividends.

The following stocks made gains or losses today. Stock symbols are in parentheses after the company names.

Adidas-Salomon AG (ADS GY) rose 1.38 euros, or 1.2 percent, to 121.05 euros. The world's second-largest sporting-goods maker said its global market share for soccer equipment will reach 35 percent this year after events such as the European Championship boosted sales.

Soccer-equipment sales will exceed 900 million euros ($1.2 billion), Chief Executive Herbert Hainer told journalists in Yokohama, Japan, according to an e-mailed statement.

Deutsche Post AG (DPW GY) rose 12 cents, or 0.7 percent, to 16.52 euros. Europe's No. 1 postal company said its DHL express unit will take over deliveries for Home Shopping Europe 24 in 2006. Deutsche Post is expanding into logistics and express deliveries as it prepares to lose a letter-carrying monopoly in its home market at the end of 2007.

EM.TV AG (EV4 GY) advanced 4 cents, or 1.4 percent, to 2.87 euros. The German media company that owns the merchandising rights to the World Cup soccer games in 2006 sold its 45 percent stake in sports-rights trader Tele-Muenchen Gruppe as part of a debt-reorganization agreement.

Heiler Software AG (HLR GY), a maker of electronic-commerce software, rose 3 cents, or 2.2 percent, to 1.40 euros. The company reported a 12 percent rise in full-year sales to 5.3 million euros, from 4.7 million in the previous period, ending Sept. 30.

KarstadtQuelle AG (KAR GY) rose 28 cents, or 4.1 percent, to 7.14 euros, after advancing 3.6 percent yesterday. Germany's largest department-store chain agreed to sell two call centers to Shannon International for an undisclosed price as part of its effort to dispose assets and return to profit.

Norddeutsche Affinerie AG (NDA GY) rose 55 cents, or 4.1 percent, to 13.85 euros. Europe's largest copper producer said fourth-quarter profit rose as sales increased, helped by higher demand for its products. The company plans to pay a dividend of 65 cents for fiscal 2004.

To contact the reporters on this story: Patrick Donahue in Berlin at at pdonahue1@bloomberg.net. Chris Fournier in Frankfurt at Cfournier3@bloomberg.net

Last Updated: December 16, 2004 08:17 EST