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Nokia Shares jump by 10.1 %. Lift European equities market and top the FTSEurofirst 300’s leaderboard.

Nokia shares jumped by 10.1% thereby topping the FTSEurofirst 300’s leaderboard. This strong show on the part of Nokia also helped in lifting the overall European equities market. It is thought that this surge is due to the speculation that it could launch new smartphones in early September before rival Apple unveils a next version of its iPhone.

Nokia shares slumped 72% in the first half of the year with hitting 15-year low of $1.63. However, with Q2 2012 Lumia sales figure better than expectations of analysts has made  investors started finding value in the stock, which had been pushing the stock higher with a gain of 60% in the past three weeks from its near term low.

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Nayan

Nayan has more than 10 years of experience of covering Technology and innovations. He is a big Nokia fan and Tech disruptions aficionado. He loves to review new cool gadgets and writing about Android, iOS, Gadgets and general Technology stuff. He has been associated with other well-known Tech sites WinCentral and GadgetOx since long.

He currently sports a Lumia 950 XL and Nexus 5X. Other interests include listening to Nu-Metal Hits and Kick-Boxing.
Write to him at Email: [email protected]

http://www.nokiapoweruser.com
  • rajavelu

    Wow!!Moving in roght direction.. Hope it will get 20Euro mark at the end of the year after WP8 release

    • Good going and certainly should rise if Nokia can deliver the goods come september.

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