On August 19, Nokia Oyj rose 3.27% in pre-market trading, trading at approximately $10.73/share, with turnover of $22.44 million. The rebound was driven by research firm Omdia releasing its Market Landscape: Core Network Vendors report, ranking Nokia No.1 in global mobile core portfolio competitiveness for the second consecutive year.

Omdia specifically recognized Nokia's AI/ML and cloud-native automation capabilities as key differentiators, noting these have become critical strategic requirements for operators seeking operational efficiency and service agility. The recognition reinforces Nokia's leadership position in the 5G and next-generation network era. The positive catalyst helped offset selling pressure from the prior session, when shares fell 3.62% after reports that Nokia would close nearly all its China offices by year-end and raised restructuring charges guidance to EUR 800 million.

The options market reflected renewed bullish sentiment, with a $740,000 bull call spread and a $270,000 in-the-money call accumulation observed, indicating institutional long-side positioning dominance.

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