On July 28, Global X Uranium ETF fell 5.16% in regular trading, trading at $38.29/share, with turnover of approximately $41.71 million.
On the news front, Middle East geopolitical tensions escalated sharply after the US signaled it is seriously considering large-scale military action against Iran. International crude oil prices surged past $100 per barrel, while US equity indices sold off heavily with the Nasdaq plunging over 2%, triggering a broad collapse in global risk appetite. Meanwhile, prediction market data indicates an extremely low probability of Iran agreeing to a uranium enrichment cessation deal, with geopolitical uncertainty disrupting supply-demand expectations across the uranium industry chain.
The fund invests at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The underlying index is designed to measure broad-based equity market performance of global companies involved in the uranium industry. The fund is non-diversified.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)