German Stocks Pare Advance as Software AG Tumbles

German stocks pared their advance as Software AG tumbled after posting quarterly profit, earnings and sales that missed analysts’ estimates.

The benchmark DAX Index added less than 0.1 percent to 7,835.25 at 9:22 a.m. in Frankfurt, paring an earlier gain of as much as 0.2 percent. The broader HDAX Index also increased less than 0.1 percent.

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