European stocks rose as SAP AG and Bayerische Motoren Werke AG advanced.

The Dow Jones Stoxx 50 Index gained 0.3 percent to 2723.25 at 11:34 a.m. in London, climbing for a fifth straight day. The Stoxx 600 increased 0.2 percent and the Euro Stoxx 50, a measure for the 12 countries using the euro, added 0.1 percent.

Benchmark indexes rose in 13 of the 17 Western European markets. Germany’s DAX Index added about 0.1 percent, France’s CAC 40 Index increased 0.2 percent and the U.K.’s FTSE 100 Index gained 0.4 percent. June futures on the Euro Stoxx 50 were unchanged at 2803.

SAP, the world’s biggest maker of business-management software, gained 1.6 percent to 134.78 euros after J.P. Morgan Chase & Co. added the stock to its European model portfolio.

The company said late yesterday that Microsoft Corp. ended ``preliminary talks’’ about a merger.

BMW, the world’s second-largest luxury carmaker, rose 0.8 percent to 35.48 euros. German industrial production increased for the first month in three in April, led by consumer goods.

Production at factories, construction sites, utilities and mines rose 2.2 percent from March, the Economics and Labor Ministry said in Berlin. Economists had expected a gain of 1 percent, according to the median of 41 forecasts in a Bloomberg News survey.

Oil companies rose, with the Stoxx 600 energy group posting the biggest percentage gain among the benchmark’s 18 industry groups, as crude oil increased in London and New York.

OMV AG, Austria’s biggest oil company, rose 2 percent to 147.85 euros. BP Plc, Europe’s largest oil company, increased 1.1 percent to 494 pence.

Alstom, the French builder of power stations that is seeking approval of a government-led bailout, fell 4 percent to 97 cents. Deutsche Bank AG cut the shares to ``sell’’ from ``hold.’’

The brokerage said Alstom has ``only limited’’ potential to recover profit margins even after a rescue. A planned share sale may further depress the share price, Deutsche Bank said.