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Europe Stocks Advance as German Investor Confidence Gains

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European stocks rose for a second day as a report showed German investor confidence advanced for the first time this year.

The Stoxx Europe 600 Index climbed 0.6 percent to 339.3 at the close of trading in London. It has rebounded 9.4 percent from this year’s low on Oct. 16 as the Bank of Japan unexpectedly boosted its stimulus and most lenders in Europe passed capital-strength tests. The ZEW Center for European Economic Research in Mannheim said today its index of investor and analyst expectations rose to 11.5 in November from minus 3.6 in October. The gauge aims to predict economic developments six months in advance.