Get the latest updates as we post them — right on your browser

. Last Updated: 07/27/2016

Nokia Boosts Helsinki

HELSINKI () -- A stunning result from mobile phone major Nokia has launched the sleepy Helsinki bourse into orbit. Yet many Finnish stocks remain cheap even though the index is now near its lifetime high, analysts said Thursday.

Since Nokia's announcement Friday that profits for the first third of this year had nearly doubled to 1.8 billion markka ($422 million), heavy buying has propelled its A share about 23 percent ahead to over 250.00 markka.