NUKL.DU is trading at €39.63, down 4.43%, as hotter-than-expected September CPI lifted Treasury yields and rate-hike concerns.
- Headline inflation reached 3.7% in September.
- Higher borrowing costs pressured uranium and nuclear stocks broadly, with comparable uranium equities and uranium-focused ETFs also selling off.
- The ETF tracks an index of uranium and nuclear-infrastructure companies, making the sector-wide decline consistent with its exposure.