European stocks close:

European stocks advanced to a two- week high as a report showed that hiring in the U.S. last month increased more than forecast.

As for the regional statistics have been issued on the production PMI Markit Spain, Italy, France, Germany and the eurozone. Spanish index fell more than expected, from 44.6 to 43.5 (vs. 44.0), Italian weakened from 45.7 to 45.5, as expected. French indicator rose from 42.7 to 46.0 vs. 45.7. The final euro-zone rose from 45.3 to 45.4, showing a small but unexpected change.

National benchmark indexes climbed in 16 of the 18 western European (SXXP) markets. The U.K.’s FTSE 100 added 0.1 percent. France’s CAC 40 rose 0.5 percent and Germany’s DAX added 0.4 percent.

Beiersdorf jumped 7.2 percent to 60.70 euros, the highest price since at least January 1996, after the maker of Nivea skin-care products raised its 2012 forecast for sales growth to as much as 4 percent, from a previous prediction of 3 percent.

A gauge of carmakers rose 1.2 percent for the second-best performance among the 19 industry groups in the Stoxx 600. BMW advanced 2.7 percent to 65 euros after saying U.S. sales climbed 21 percent in October. Daimler added 1.6 percent to 37.09 euros.

Alcatel-Lucent slumped 5.5 percent to 77.9 euro cents after posting a third-quarter net loss of 146 million euros, compared with a profit of 194 million euros a year earlier. The phone- equipment maker, whose shares have dropped 36 percent so far this year, is France’s most-shorted stock, based on data compiled by financial-information provider Markit, signaling a growing number of investors are predicting further declines.

Deutsche Telekom AG dropped 2.6 percent to 8.66 euros. The company may cut its dividend from next year by as much as a third, Handelsblatt reported, citing unidentified supervisory board members.