European Stocks Advance as SAP, Actelion Results Beat Forecasts

Photographer: Daniel Roland/AFP via Getty Images
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European stocks climbed as companies including SAP SE and Actelion Ltd. posted better-than-forecast results.

The Stoxx Europe 600 Index rose 0.6 percent to 409.12 at the close of trading. The measure extended gains to as much as 1 percent after Dutch Finance Minister Jeroen Dijsselbloem told RTL Television that some progress had been made in debt talks with Greece and a deal may still be reached by the end of the month. Shares had earlier pared their advance as a measure of German investor confidence unexpectedly fell in April.