German Stocks Advance; Benchmark DAX Index Rises 0.2%

German stocks advanced as retail sales rebounded in March and Spain’s economy shrank less than estimated in the first quarter.

Adidas AG rose after reporting better-than-forecast quarterly net income and raising its 2012 outlook. Volkswagen AG climbed, for the longest rally since Jan. 5. Metro AG, Germany’s largest retailer, also advanced.

The DAX rose 0.2 percent to 6,814.78 at 10:49 a.m. in Frankfurt. The broader HDAX Index also added 0.2 percent today.

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

Bloomberg reserves the right to 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.