In the European session, the German Benchmark Index traded below 18,500 levels.
European stock markets declined on Monday, influenced by the outcome of the European Parliament election, which saw gains for nationalist and euro-sceptic parties.
The DAX index in Germany dropped by 0.8%, the CAC 40 in France fell by 1.9%, and the FTSE 100 in the U.K. decreased by 0.7%.
The European elections' results dampened sentiment, particularly after the shift to the right and the increased representation of eurosceptic nationalists. French President Emmanuel Macron responded by announcing snap legislative elections later this month following a strong performance by Marine Le Pen's far-right party.
This rise in right-wing influence may lead to a more divided European parliament, potentially complicating the passage of EU legislation on various issues such as climate, immigration, industrial strategy, and defence.
