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Nokia

Nokia beats first-quarter estimates as AI boom lifts sales again

Published 23 Apr, 2026 10:47am

Comparable operating profit jumped 54% to 281 million euros in the first quarter of 2026

Ban on import of used mobile sets: ‘Mobile and Electronic Devices Manufacturing Policy 2026’ unveiled

Updated 06 Jan, 2026 07:51am

ISLAMABAD: While unveiling its Mobile and Electronic Devices Manufacturing Policy 2026-33, the Ministry of ...

Nokia beats estimates as it scales down venture fund investments

Published 23 Oct, 2025 10:24am

Finnish telecoms equipment maker Nokia reported third-quarter profit ahead of expectations on Thursday and said that...

Nokia posts quarterly profit miss, flags disruption from Trump’s tariffs

Published 24 Apr, 2025 10:45am

Nokia reported first-quarter profit well below market expectations on Thursday, and flagged a short-term disruption...

EU approves $2.3 billion takeover of Infinera by Nokia

Published 26 Feb, 2025 09:08pm

BRUSSELS: The EU Commission on Wednesday said it had unconditionally approved the $2.3 billion acquisition of U.S....

Nokia picks Intel’s AI and data center leader Hotard as new CEO

Published 10 Feb, 2025 11:46am

COPENHAGEN: Finland’s Nokia on Monday said Pekka Lundmark would step down as CEO, and that it has appointed Justin...

Telecom giant Nokia says net profit rose 89% in 2024

Published 30 Jan, 2025 11:48am

HELSINKI: Finnish telecommunications equipment giant Nokia reported on Thursday an 89 percent rise in net profit for...

Nokia cuts 2,000 jobs in China, 350 in Europe as part of cost cuts, sources say

Published 17 Oct, 2024 06:09pm

STOCKHOLM: Nokia has laid off close to 2,000 people or about a fifth of its employee base across Greater China and...

And the brand lives on…

Published 02 Oct, 2024 06:49am

The product dies. The factory shuts down. The shelves become empty. The shops forget it. The mind stores in memory....

Nokia sees stronger H2 after Q1 comparable profit grows less than expected

Published 18 Apr, 2024 10:54am

Finnish telecom gear maker Nokia reported on Thursday a smaller rise than expected in first-quarter comparable...

Nokia and Dell agree partnership on private 5G, cloud networks

Published 15 Feb, 2024 06:08pm

LONDON: Nokia and Dell Technologies have agreed a partnership to help deploy so-called private 5G networks and adapt...

Nokia to cut up to 14,000 jobs after sales drop 20%

Published 19 Oct, 2023 11:00am

STOCKHOLM: Finnish telecom gear group Nokia on Thursday said it will cut up to 14,000 jobs as part of a new cost...

From bricks to flips: 50 years of mobile phones

Published 30 Mar, 2023 01:02pm

PARIS: From brick-sized handsets popular with stockbrokers to intensely powerful computers that sit in all our...

Russian mobile calls, internet seen deteriorating after Nokia, Ericsson leave

Published 21 Dec, 2022 01:46pm

STOCKHOLM/MOSCOW: When telecoms gear makers Nokia and Ericsson leave Russia at the end of the year, their departure...

Telenor hosts discussion on ‘safety in supply chain’

Published 03 Nov, 2022 05:50am

ISLAMABAD: Telenor Pakistan hosted an event on “Safety in Supply Chain”, where industry experts deliberated on...

PTCL, Nokia sign MoU for innovative IT solutions

Published 21 Oct, 2022 05:57am

KARACHI: Pakistan Telecommunication Company Limited (PTCL) and Nokia have announced the signing of a Memorandum of...

European shares rise after UK’s Truss resigns

Published 21 Oct, 2022 05:57am

LONDON: European shares rose on Thursday after Liz Truss said she was resigning as the United Kingdom’s prime...

1-Terabit transport capacity per wavelength: PTCL, Nokia successfully conduct trial

Published 11 Aug, 2022 04:35am

KARACHI: Pakistan Telecommunication Company Limited (PTCL) has successfully conducted country’s first trial of...

Nokia’s quarterly operating profit beats forecasts on 5G demand

Published 21 Jul, 2022 11:41am

STOCKHOLM: Finnish telecom equipment maker Nokia reported on Thursday quarterly operating profit ahead of market...

Nokia’s quarterly profit beats on 5G demand

Published 28 Apr, 2022 12:02pm

STOCKHOLM: Telecom equipment maker Nokia reported a stronger-than-expected quarterly operating profit on Thursday,...

Nokia to quit Russian market

Published 12 Apr, 2022 01:51pm

HELSINKI: Nokia will pull out of the Russian market, the Finnish telecoms provider said on Tuesday, a day after...

Nokia to launch ‘Smart City’ pilot project in Lahore

Published 12 Feb, 2022 05:09am

LAHORE: A multinational telecommunication company, Nokia, has principally agreed to launch the country’s first...

Nokia says revenue and margins to rise as turnaround gathers pace

Published 03 Feb, 2022 12:38pm

HELSINKI: Finnish telecoms equipment maker Nokia said on Thursday it expects its revenue to grow this year and set a...

Nokia expects strong 2022 as supply crunch eases

Published 11 Jan, 2022 05:24pm

HELSINKI: Finnish telecoms giant Nokia performed better than expected last year and foresees further growth in 2022...

China calls on Canada to ignore Huawei risks 'invented' by US

Published 08 Dec, 2021 10:21am

MONTREAL: A senior Chinese diplomat called on Ottawa Tuesday to ignore national security risks that had been...

‘Smart City’ pilot project in Lahore: Nokia, PSCA enter into deal

Published 23 Nov, 2021 03:54am

LAHORE: A multinational telecommunication company, Nokia, has entered into an agreement with the Punjab Safe Cities...

Nokia to launch cloud-based software subscription service

Published 17 Nov, 2021 10:28am

STOCKHOLM: Nokia said on Wednesday it plans to launch a cloud-based software subscription service targeting telecom...

Nokia shrugs off chip problems to lift profit

Published 01 Nov, 2021 05:02am

HELSINKI: Finnish telecoms network equipment maker Nokia said Thursday that it was able to boost its profits in the...

Nokia wants to help develop 5G ecosystem roadmap in Pakistan: officials

Updated 03 Oct, 2021 11:42am

ISLAMABAD: Nokia has expressed keen interest for collaboration with the Ministry of Information Technology and...

Nokia lifts full-year forecast as turnaround takes root

Published 29 Jul, 2021 11:49am

The company had announced on July 13 that it would raise its outlook, but did not provide any details

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Forex
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Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 3	159.93
USD to Swiss Franc / Jun 3	0.79
Pound Sterling to USD / Jun 3	1.34
Euro to USD / Jun 3	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
India Sensex / Jun 3	74,346.17
Tokyo Nikkei / Jun 3	68,402.13
Nasdaq / Jun 3	26,853.97
Hang Seng / Jun 3	25,633.21
FTSE 100 / Jun 3	10,332.30
Dow Jones / Jun 3	50,687.07
Germany DAX 30 / Jun 3	24,795.94
France CAC40 / Jun 3	8,150.42

Item	Value
Crude Oil USD/Barrel / Jun 3	95.34
Gold 10 Grams PKR / Jun 3	401,030
Gold Spot USD/Ounce / Jun 3	4,452.30
Cotton US¢/pound / Jun 3	80.51
Petrol/Litre / Jun 4	381.78
Diesel/Litre / Jun 4	380.78

Gainers
Losers
Leaders

Stock	Price
Wasl Mobility Mod. / Jun 3 Wasl Mobility Modaraba(WASL)	5.91 ▲ 1 (20.37%)
Gulshan Sp. / Jun 3 Gulshan Spinning Mills Limited(GSPM)	6.18 ▲ 1 (19.31%)
First AL-Noor Mod. / Jun 3 First Al-Noor Modaraba(FANM)	6.88 ▲ 1 (17.01%)
Chenab Ltd (Pref) / Jun 3 Chenab Limited (Pref)(CLCPS)	3.85 ▲ 0.44 (12.9%)
Chenab Ltd / Jun 3 Chenab Limited(CHBL)	9.61 ▲ 0.91 (10.46%)
Askari Life Assur. / Jun 3 Askari Life Assurance Company Limited(ALAC)	19.24 ▲ 1.75 (10.01%)
Dawood Equities / Jun 3 Dawood Equities Limited(DEL)	20.56 ▲ 1.87 (10.01%)
Grays Leasing / Jun 3 Grays Leasing Limited(GRYL)	20.89 ▲ 1.9 (10.01%)
Shahzad Tex. / Jun 3 Shahzad Textile Mills Limited(SZTM)	68.38 ▲ 6.22 (10.01%)
Ideal Spinning / Jun 3 Ideal Spinning Mills Limited(IDSM)	72.48 ▲ 6.59 (10%)

Stock	Price
Khairpur Sug. / Jun 3 Khairpur Sugar Mills Limited(KPUS)	2,164.61 ▼ -240.51 (-10%)
Diamond Ind. / Jun 3 Diamond Industries Limited(DIIL)	71.48 ▼ -7.9 (-9.95%)
Tri-Star Mutual / Jun 3 Tri-Star Mutual Fund Limited(TSMF)	16.88 ▼ -1.62 (-8.76%)
Power Cem(Pref) / Jun 3 Power Cement (Pref)(POWERPS)	27.79 ▼ -2.41 (-7.98%)
Paramount Mod / Jun 3 First Paramount Modaraba(FPRM)	13.90 ▼ -1.1 (-7.33%)
AN Textile Mills / Jun 3 AN Textile Mills Limited(ANTM)	30.18 ▼ -2.23 (-6.88%)
Al-Khair Gadoon / Jun 3 Al-Khair Gadoon Limited(AKGL)	52.03 ▼ -3.68 (-6.61%)
Gammon Pak / Jun 3 Gammon Pakistan Limited(GAMON)	19.23 ▼ -1.32 (-6.42%)
Burshane LPG / Jun 3 Burshane LPG (Pakistan) Limited(BPL)	56.96 ▼ -3.61 (-5.96%)
Punjab Oil / Jun 3 Punjab Oil Mills Limited(POML)	147.13 ▼ -8.47 (-5.44%)

Stock	Volume
Treet Battery / Jun 3 Treet Battery Limited(TBL)	46,642,698 ▼ -0.03
Dewan Cement / Jun 3 Dewan Cement Limited(DCL)	33,760,377 ▲ 0.4
Sitara Petroleum Service / Jun 3 Sitara Petroleum Service Limited(SPSL)	25,238,548 ▲ 0.84
Beco Steel Ltd / Jun 3 Beco Steel Limited(BECO)	23,949,474 ▲ 0.46
P.T.C.L. / Jun 3 Pakistan Telecommunication Company Ltd(PTC)	23,376,596 ▲ 0.82
TPL Corp Ltd / Jun 3 TPL Corp Limited(TPL)	17,752,841 ▲ 0.38
Cnergyico PK / Jun 3 Cnergyico PK Limited(CNERGY)	16,285,113 ▼ -0.2
WorldCall Telecom / Jun 3 Worldcall Telecom Limited(WTL)	14,753,659 ▼ -0.01
K-Electric Ltd. / Jun 3 K-Electric Limited(KEL)	13,876,959 ▼ -0.12
Mahanna Islamic Index / Jun 3 Mahanna Islamic Index Traded Fund(MIIETF)	13,316,500 ▼ -0.13

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