German Stocks Climb, Completing Sixth Straight Monthly Advance
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German stocks climbed, with the benchmark DAX Index completing its sixth consecutive monthly advance, amid optimism that American politicians will agree on a new federal budget.
HeidelbergCement AG climbed 2.3 percent after Morgan Stanley recommended buying the shares of the world’s third-largest cement producer. Lanxess AG gained 1.7 percent after UBS AG increased its price estimate for the chemical maker’s shares. ThyssenKrupp AG declined 1.6 percent.