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German Stocks Advance, Erasing Earlier Losses; Allianz, Bayer Shares Climb

By Andrew Rummer - 2012-02-23T08:31:25Z

German stocks rose for the first time in three days, erasing their earlier losses, as Allianz SE and Bayer AG advanced.

The benchmark DAX Index climbed 0.4 percent to 6,871.12 at 9:30 a.m. in Frankfurt, having earlier dropped as much as 0.2 percent.

To contact the reporter on this story: Andrew Rummer in London at arummer@bloomberg.net

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

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