Economy Local January 28, 2025

European Stocks Rise on Utility and Media Gains

European stocks surged on Tuesday, buoyed by gains in utility and media company shares, following a sharp global market decline triggered by a new AI model from Chinese firm Deep Seek.


European Stocks Rise on Utility and Media Gains

European companies' stocks rose today on Tuesday, supported by growth in the shares of telecom and media service companies. This occurred against the backdrop of declining sales following a sharp drop in the global market due to the spread of artificial intelligence models represented by the Chinese company Deep Sea.

It is very important for investors to now understand that in the short term market volatility, long-term perspectives still remain stable and reliable. This time calls for skepticism, but one must remember about long-term plans.

"We see that investors are starting to reconsider stocks after corrections last week," said an analyst in the fund market.

Positive movement in the fund markets helps restore investors' confidence and can contribute to stabilizing the situation in the near future.