Skip to content
Subscriber Only

Nokia Gains on Reports That Lumia Sells Out in Germany

Nokia Oyj shares rose the most in a month after the company said it received reports that its new Lumia 920 smartphone had sold out in Germany.

The shares rose as much as 5.5 percent to 2.23 euros, the biggest intraday gain since Oct. 18, and traded at 2.22 euros at 11:59 a.m. Helsinki time. The Stoxx Europe 600 Index climbed 0.9 percent as shares around the world snapped the longest losing streak in almost a year.