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German Stocks Post Weekly Rally; DAX Index Extends Record

German stocks advanced, as the benchmark DAX Index extended its record high and completed its third weekly gain, after a report showed exports from the country increased in March.

Salzgitter AG, Germany’s second-biggest steelmaker, jumped 4 percent after Credit Suisse Group AG advised investors to buy the shares. HeidelbergCement AG rose to the highest price in seven weeks after DZ Bank AG upgraded its rating of the stock.