🟢 Uranium and Nuclear Technologies ETF (NUCG.L) is trading 3.02% up on uranium supply scarcity

NUCG.L is trading at £40.21 (+3.02%), driven by uranium supply concerns as prices reached approximately $96 per pound.

• Uranium prices reached approximately $96 per pound, supported by supply scarcity and renewed contracting strength.
• Kazatomprom delayed commissioning its sulphuric-acid plant to Q3 2027–Q1 2028, reinforcing concerns about future uranium supply.
• The move is sector-specific: Cameco, Oklo, and NexGen Energy are among NUCG’s largest holdings.