Pursuits

European Stocks Advance as German Investor Confidence Rises

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European stocks advanced, with the Stoxx Europe 600 Index climbing to the highest since July 26, as reports showed German investor confidence in March increased more than forecast and American retail sales rose in February.

Raiffeisen Bank International AG and UniCredit SpA led lenders higher. Eramet SA, the operator of the world’s biggest ferro-nickel plant, gained with metal prices. Antofagasta Plc fell after full-year profit missed analysts’ estimates.