On September 4, Nokia Oyj rose 3.07% in pre-market trading, trading at $10.07/share, with turnover of approximately $8.31 million. The stock was lifted by a combination of positive catalysts converging simultaneously.

On the news front, New Zealand independent tower company Connexa selected Nokia Oyj as its network operations center partner, covering over 2,500 sites across New Zealand. Concurrently, Morgan Stanley significantly raised its target price on Nokia Oyj's European-listed shares from EUR 4.2 to EUR 6.5 and upgraded its rating from Equal-Weight to Overweight, providing a dual boost to investor sentiment.

Additionally, Nokia Oyj previously confirmed it will rejoin the Euro STOXX 50 index on September 21, replacing Volkswagen, following the annual review announced by index compiler Stoxx. The index inclusion is expected to attract sustained passive fund inflows. Nokia Oyj also recently entered a commercial agreement with BeeHealthy to integrate its Network as Code platform into digital healthcare applications, and was ranked No. 1 in mobile core portfolio competitiveness by Omdia for the second consecutive year.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)