Radiocor News

Europe shares higher at mid-session -2-

Nokia dips, Volvo rallies (Il Sole 24 Ore Radiocor) - Milan, 18 Jul - In the region's stock market dealings most sectors were higher, with auto and media shares leading the gains whole tech stocks extended the week's losses, tracking their global peers lower.

Finnish telecom firm Nokia sank 5.27% after reporting a 32% drop in second quarter operating profit on the back of weak demand for its 5G equipment.

Car maker Volvo Cars rallied 7.45% after it reported a record core operating profit in the second quarter.

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(RADIOCOR) 18-07-24 13:24:08 (0357) 5 NNNN

 


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