German Stocks Advance to One-Month High; Bilfinger, PSI Rally

German stocks climbed to a one- month high as greater-than-estimated industrial output in China and a forecast of faster growth in Europe boosted confidence that the global economy will continue to recover. (…)

PSI AG advanced 1.9 percent to 13.80 euros. The company, whose software manages pipelines and power networks for E.ON AG and OAO Gazprom, was rated “buy” in new coverage at Deutsche Bank. (…)

 

--With assistance from Francesca Cinelli in Milan. Editors: Will Hadfield, David Merritt