European Stocks Advance; Oil Producers, Food Companies Gain

By Daniel Hauck

March 25 (Bloomberg) -- European stocks advanced for a fifth straight day, erasing earlier losses as shares of oil producers and food companies advanced.

The Dow Jones Stoxx 600 Index added 0.3 percent to 178.80 as of 8:32 a.m. in London after earlier falling 0.4 percent. A gauge of energy producers increased 1.2 percent, while a measure of food and beverage companies climbed 1 percent.

To contact the reporter on this story: Daniel Hauck in London at dhauck1@bloomberg.net