India, Feb. 24 -- European stocks were broadly lower on Monday while the euro strengthened amid optimism over German election results.
The pan European STOXX 600 slid 0.2 percent to 552.68 after gaining half a percent on Friday.
France's CAC 40 dropped 0.6 percent and the U.K.'s FTSE 100 was marginally lower while the German DAX edged up by 0.1 percent after the centre-right Christian Democratic Union (CDU) emerged victorious in the 2025 German federal elections.
German defense stocks such as Hensoldt and Rheinmetall were up 3-4 percent.
BayWa AG fell 1.2 percent after Swiss energy investor Energy Infrastructure Partners (EIP) said it will raise its stake from 49 percent to 65 percent in the German agricultural group.
Prosus NV slumped...