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German Stocks Decline, Erasing Earlier Gains; SAP Shares Fall in Frankfurt

German stocks declined as software makers SAP AG (SAP) and Software AG (SOW) fell.

SAP, the world’s biggest maker of business software, slid 5.3 percent after rival Oracle Corp. missed analysts’ earnings estimates. Software AG retreated 3.3 percent.

The DAX Index fell 0.6 percent at 5,810.89 at 4 p.m. in Frankfurt after earlier climbing as much as 2 percent. The broader HDAX Index also dropped 0.6 percent today.

To contact the reporter on this story: Tom Stoukas in Athens at astoukas@bloomberg.net

To contact the editor responsible for this story: Andrew Rummer at arummer@bloomberg.net

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