German stocks dropped for a fifth day, erasing earlier gains, as shares of utilities and Deutsche Boerse AG (DB1) fell.

The DAX Index slipped 0.4 percent to 5,957.29 at 10:34 a.m. in Frankfurt. This is the longest stretch of losses in the benchmark measure since May 18.

To contact the reporter on this story: Srinivasan Sivabalan in London at ssivabalan@bloomberg.net

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