German Stocks Fall; SAP, K+S, Metro Slide as Allianz, Deutsche Bank Climb

German stocks erased gains as SAP AG (SAP) and Metro AG (MEO) declined.

The DAX Index lost 0.6 percent to 5,813.81 at 1:52 p.m. in

Frankfurt, erasing an earlier gain of as much as 2 percent. The benchmark measure has retreated 16 percent this year amid concern the debt crisis will derail the global economic recovery. The broader HDAX Index also slid 0.6 percent today.

To contact the editor responsible for this story: Tom Stoukas at astoukas@bloomberg.net

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