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

To contact the editor responsible for this story: Andrew Rummer at

Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.