Economics
German Stocks Gain after Increase in Manufacturing PMI
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German stocks advanced, rebounding after three days of losses, as data showed better-than-expected manufacturing growth in Europe’s biggest economy and China.
Drillisch AG, a provider of telephone services, surged 8.3 percent after Berenberg Bank upgraded the shares. Stroeer Media AG, an online advertising company, jumped 5.8 percent after reporting an increase in first-half operating earnings before interest, taxes, depreciation and amortization.