European Stocks Rally Most in Month as Banks, Solar Shares Climb
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European stocks gained the most in a month, with the Stoxx Europe 600 Index posting its longest winning streak since January, as banks advanced and a report showed Chinese imports beat forecasts in March.
BNP Paribas SA, Frances’s largest lender, and Banco Santander SA, Spain’s biggest, led a gauge of European banking shares to their largest advance in almost five months. SMA Solar Technology AG, Germany’s biggest solar-energy company, and Wacker Chemie AG added at least 5.8 percent. Gerresheimer AG rose 2.5 percent after reporting first-quarter revenue that beat analysts’ projections.