Bloomberg News

German Stocks Advance; Volkswagen, ThyssenKrupp Climb

October 24, 2011

Oct. 24 (Bloomberg) -- German stocks advanced as Volkswagen AG, Europe’s biggest automaker, climbed along with HeidelbergCement AG and ThyssenKrupp AG.

The DAX Index advanced 0.2 percent to 5,982.87 at 3:02 p.m. in Frankfurt, having previously dropped as much as 0.6 percent. The benchmark measure has risen for four weeks as investors speculated the leaders of the euro area will deliver a plan to shore up banks’ balance sheets and protect other economies from a possible Greek default. The broader HDAX Index added 0.3 percent today.

To contact the reporter on this story: Peter Levring in Copenhagen at plevring1@bloomberg.net

To contact the editor responsible for this story: Andrew Rummer at arummer@bloomberg.net


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