On September 8, Nokia Oyj rose 4.04% in regular trading, trading at $10.425/share, with turnover of $108 million. Multiple positive catalysts converged to drive the stock higher.

Nokia has confirmed it will officially rejoin the Euro STOXX 50 index on September 21, replacing Volkswagen AG. As the inclusion date approaches, expectations of passive fund rebalancing flows 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 and upgraded the stock from Hold to Overweight, reinforcing bullish institutional sentiment.

On the product front, Nokia launched Mobile Core Early Access on the same day, a live hosted environment allowing telecom providers and enterprises to evaluate new mobile core capabilities before deployment. Initially introduced to a select group of 30 companies in June, the platform is now open to the global industry. Additionally, Omdia's latest report ranked Nokia first in global mobile core portfolio competitiveness for the second consecutive year, underscoring its leadership in 5G and cloud-native technologies.

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