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Nokia Corp is a Finnish multinational telecommunications company. In addition to cell phones, it works in the information technology field and brings consumer electronics products to the market.
Founded in 1865 as a pulp mill, the company has long been associated with the production of rubber and cables. However, since the 1990s, NOK.N has focused on large-scale telecommunications infrastructure, technology development, and licensing.
Nokia Corp has been a major contributor to the mobile telephone industry by helping develop the GSM, 3G and LTE (now 5G) standards and was once the world's largest supplier of mobile phones and smartphones. In 2020, Flipkart partnered with Nokia to promote branded consumer products in India. These include televisions, laptops and a range of air conditioners.
If you are convinced that this industry is the future, take a closer look at changes in the share price of Nokia Corp. This is one of the most talked-about companies in recent times. As an FxPro client, you can join the price fluctuations by making not only buy but also sell trades in CFD format.
On our platforms, including the native FxPro Trading Platform, you will find an online quote chart that you can analyse and use to place orders. We do not give specific recommendations in what direction it is worth opening trades since such a choice is the responsibility of each trader. However, you have convenient analytical tools at your disposal that can greatly facilitate decision making.
Experienced traders do not recommend making deals without a well-developed trading strategy tested on a demo account. Also, pay attention to news that may have an impact on the value of the company stocks and be sure to check the Dividend & Earnings Calendar on the FxPro website to be prepared for any dividend payments or company reports. It is also worth utilising technical indicators to help you assess the situation on the chart.
In addition, Trader's Dashboard is at your disposal, along with trading calculators, analytical articles and free education at the FxPro website.
We also recommend subscribing to the official FxPro Telegram channel and monitoring the FxPro News portal to quickly receive the latest analytics and keep on top of what is happening on the markets.
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