On August 25, Nokia Oyj rose 3.21% in regular trading, trading at $10.27/share, with turnover of $57.11 million.

On the news front, Nokia had previously been reported to be significantly scaling back its China operations by year-end, including closing its Hangzhou R&D center and cutting approximately 1,600 jobs. This negative development had already triggered a 3.33% decline in the prior trading session and is now being gradually digested by the market.

Meanwhile, the communication equipment sector staged a broad rebound, with Applied Optoelectronics up 3.78%, Ciena up 3.47%, Lumentum up 2.69%, Arista Networks up 2.24%, and Cisco up 1.81%, reflecting improved industry sentiment that provided additional support for Nokia Oyj shares. Additionally, Nokia recently retained its top position in Omdia's global mobile core network portfolio competitiveness ranking, underscoring continued fundamental strength in its 5G and cloud-native capabilities.

(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.)