On September 8, Nokia Oyj rose 3.79% in pre-market trading, trading at approximately $10.35 per share, with turnover of $590,500.

On the news front, Nokia Oyj has confirmed it will officially rejoin the Euro STOXX 50 index on September 21, replacing Volkswagen AG. As the inclusion date approaches, expectations for passive fund rebalancing and capital inflows continue to build. Meanwhile, Morgan Stanley previously raised its target price on Nokia's European-listed shares from EUR 4.2 to EUR 6.5, upgrading the rating from hold to overweight, reinforcing bullish institutional sentiment.

On the fundamental side, research firm Omdia ranked Nokia Oyj first in global mobile core network portfolio competitiveness for the second consecutive year, citing AI/ML and cloud-native automation capabilities. Additionally, Nokia Oyj launched its Mobile Core Early Access initiative, offering operators hands-on exploration of next-generation mobile core capabilities for the AI era, and opened a new R&D center in Saudi Arabia focused on AI-powered network automation and 6G technologies.

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