On September 9, Nokia Oyj rose 4.79% in pre-market trading, reaching $11.15 per share, with turnover of $1.7213 million, as multiple catalysts converged to propel the stock higher.

On the news front, Nokia announced on September 8 the launch of Mobile Core Early Access, an industry-first live, hosted end-to-end environment designed for global telecom operators and enterprises. The platform enables participants to evaluate the latest mobile core capabilities and use cases by combining wireless devices with end-user equipment before committing to deployment. The program was initially piloted with a select group of 30 companies in June and has now been opened to the global industry.

Simultaneously, Nokia has confirmed it will officially rejoin the EURO STOXX 50 Index on September 21, replacing Volkswagen. As the inclusion date approaches, expectations for passive fund allocation continue to build. Additionally, Morgan Stanley previously raised its European stock target price for Nokia from EUR 4.2 to EUR 6.5 and upgraded its rating from Equal Weight to Overweight. Omdia also ranked Nokia first globally in mobile core portfolio competitiveness for a second consecutive year, reinforcing fundamental support.

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