🟢 Global Uranium ETF (URNM.AX) is trading 6.3% up today after a broad uranium-equity rebound

URNM.AX is trading at A$10.83, up 6.28%, primarily reflecting a sharp rebound across uranium equities after the August 21 U.S. session.

• Cameco, a significant uranium-sector holding, gained 7.24%; the broader uranium sector rose 7.67%, while uranium ETF URA advanced 5.09%.
• Uranium was broadly stable near US$88.85/lb, so equity-sector momentum—not a fresh spot-price surge—appears to be the immediate catalyst.