Merv’s Daily Uranium Index
Note that the volume is an average volume of round lot sales for the 50 component stocks. For total volume, multiply by 5000.
There was an error in the daily trading info for the Daily Index on Friday’s trading. Somehow I posted the info for data from a few weeks back instead of the Friday data. Sorry about that. The Friday data can be found in the week-end commentary comments section. My thanks to a sharp reader who spotted the error and brought it to my attention. It’s good to know someone actually pays attention.
The Merv’s Daily Uranium Index closed higher today by 2.38 points or 1.33%. Some of this rise might reflect the fact that the Canadian markets were closed on Monday and the stocks were playing catch-up. There were 29 winners, 13 losers and 8 sleepers. Cameco gained 0.3%, Extract lost 4.1%, Fronteer gained 0.8%, Paladin gained 0.8% and Uranium One gained 2.2%. The best daily winner was Tournigan with a gain of 21.6% while the loser of the day was Forum Uranium with a loss of 12.0%. Market Vectors Nuclear Energy ETF gained 0.2%.
Everything remained positive so the ratings also remained BULLISH. Let’s see what tomorrow brings once this one day holiday effect is over. I expect some more upside before the Index takes a rest.