HELSINKI, June 30, 2026, 13:03 EEST
- Nokia rose more than four times as much as the OMX Helsinki 25.
- A 10% capped-weight Nokia position would add about 0.45 percentage point to the index on Tuesday’s move.
- The share bounce fixed part of a two-session drop but left the stock below its June 25 close.
- Q2 and half-year results are due July 23.
Nokia Oyj HEL:NOKIA rose 4.46% to 11.72 euros by 12:57 EEST in Helsinki on Tuesday, while the OMX Helsinki 25 was up 1.10% at 6,218.18. Nasdaq Helsinki was open for normal trading; Nasdaq lists Helsinki equity hours at 10:00-18:30 local time and does not list June 30 among 2026 Helsinki closure days.
The cleaner angle is index math. OMXH25 is a 25-stock, euro-denominated, capitalization-weighted price index, and Nasdaq caps any one company at 10%. At that cap, Tuesday’s Nokia move would add about 0.45 percentage point to the benchmark, or roughly 41% of the index’s 1.10% rise. Actual live weights can differ.
| Tuesday tape | Last | Day move | Intraday data |
|---|---|---|---|
| Nokia Oyj HEL:NOKIA | €11.72 | +4.46% | High €11.76; low €11.51; volume 2.18 mln |
| OMX Helsinki 25 | 6,218.18 | +1.10% | High 6,219.35; low 6,199.18 |
| Nokia ADR NYSE:NOK | $13.03 | +0.15% | Last New York quote on Nokia investor page |
Sources: Google Finance, Nasdaq and Nokia investor page.
The move was not a full repair. Nokia closed at 12.185 euros on June 25, then fell 6.52% on June 26 and 1.54% on June 29. Tuesday’s 11.72 euro quote still sat about 3.8% below the June 25 close.
The stock matters for Finnish portfolios because it is the biggest name by market value in MarketScreener’s OMXH25 component screen. That screen put Nokia’s market value at $71.84 billion, above Nordea Bank Abp (HEL:NDA-FI) at $63.53 billion and well ahead of KONE Oyj (HEL:KNEBV).
| OMXH25 component screen | Market value | Day move | 5-day move | YTD move |
|---|---|---|---|---|
| Nokia Oyj HEL:NOKIA | $71.84 bln | +4.49% | -2.50% | +109.98% |
| Nordea Bank Abp (HEL:NDA-FI) | $63.53 bln | +0.31% | -0.15% | +2.02% |
| KONE Oyj (HEL:KNEBV) | $29.31 bln | +0.86% | +0.81% | -17.77% |
| Sampo Oyj (HEL:SAMPO) | $27.64 bln | +0.33% | +2.46% | -11.29% |
| Neste Oyj (HEL:NESTE) | $24.21 bln | +2.14% | +3.80% | +44.87% |
| Wärtsilä Oyj (HEL:WRT1V) | $21.84 bln | +2.82% | +1.74% | +9.41% |
Nokia has become a concentrated Finland tech trade because the stock’s AI and optical-network case is now driving the tape. The company said in April that Q1 comparable net sales grew 4% on a constant-currency and portfolio basis, Network Infrastructure sales rose 6%, and sales from AI and cloud customers rose 49%.
Justin Hotard, Nokia’s president and CEO, said: “We are increasing our growth assumption for Optical and IP Networks and we are investing to capture accelerating demand from AI & Cloud customers.” Nokia Corporation | Nokia
Nokia kept its full-year comparable operating profit target at 2.0 billion to 2.5 billion euros. It also said it expects Network Infrastructure net sales to grow 12%-14% in 2026 and combined Optical Networks and IP Networks to grow 18%-20%.
The next hard date is July 23, when Nokia plans to publish Q2 and half-year results. Its closed window for Q2 runs from June 23 to July 23.
Related articles: NYSE:NOK
