Shares of Kazatomprom, the world’s largest uranium producer, continue to reach new highs, driven by surging demand for reliable electricity and a constrained global supply of uranium, according to financial consultant Daur Imanmadirov.
On Jan. 20, 2026, Kazatomprom shares on the Kazakhstan Stock Exchange rose to 37,600 tenge ($74) per share, up by 4.44%.
The stock has gained for 11 consecutive trading sessions. Since the beginning of the year, shares are up 34%, rising from 28,100 tenge to current levels.
Renewed focus on nuclear energy
Imanmadirov said investors are reassessing nuclear power as a critical...