NUKL.DU is trading 3.8% up today as geopolitical tensions in the Middle East and firmer uranium prices drive demand for nuclear energy infrastructure.
- Rising tensions around Iran and the Strait of Hormuz are highlighting the strategic importance of nuclear power as a stable energy source.
- Firmer uranium spot prices are providing a tailwind for miners and infrastructure companies within the ETF.
- Broader risk-on sentiment following record gains in U.S. indices is further supporting the rally in nuclear and uranium equities.