Articles On Novonix (ASX:NVX)

The share market suffered its biggest weekly loss in more than two years as inflation worries encouraged traders to reduce their exposure ahead of a long weekend. The S&P/ASX 200 hit its lowest level since January with a drop of 87.7...

Aussie shares fell to a four-week low as traders reduced their exposure ahead of a long weekend and a potentially explosive US inflation report. The S&P/ASX 200 dived to within four points of a four-month low before paring its loss t...

The Novonix Ltd (ASX: NVX) share price has continued its slide on Thursday. In afternoon trade, the battery technology company’s shares were down 4% to a 10-month low of $3.17. When the Novonix share price hit that level, it was down a mas...

Miners are keen to capitalise on the growing demand for electric vehicles but Lithium Energy is a rarity amongst them for its exposure to both lithium and graphite. Global EV sales are forecast to rise to 14 million units by 2025, a big lea...

Shares in Novonix Ltd (ASX: NVX) are in the red today, currently trading 1.18% lower at $3.34. Today’s downside extends losses for Novonix to more than 63% this year to date, or 27% in the last month alone. The company is set to presen...

ASX 200 dips 0.50% Energy stocks lead, while Tech lag The RBA is set to have the board meeting on Tuesday Local shares dipped today, down by 0.50% ahead of tomorrow’s RBA board meeting. The Melbourne Institute (MI) has this morning reveal...

It’s been a pretty dreary start to the trading week for the S&P/ASX 200 Index (ASX: XJO) so far this Monday. At the time of writing, the ASX 200 is down by 0.42% at close to 7,200 points. But it’s been an even worse start for the Novon...

Highlights Electric car sales more than doubled in 2021, reaching a record high of 6.6 million, with more cars sold per week than in 2012. Despite supply chain issues, electric vehicle sales increased dramatically in 2022. The ASX200...

S&P/ASX 200 Index (ASX: XJO) tech shares are leading the market on Friday following a strong session on Wall Street overnight. The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) rose 2.69% as most Australians slept. At the same time...

Highlights The ASX 200 rose in opening trade on Friday. The market witnessed strong gains across the materials and technology sectors. On Thursday, the benchmark index fell 0.8% to 7,175.9 points. The Australian shar...

Highlights Graphite stocks have been on investors' watchlists for a while now. Today, the Australian equities were trading lower as the benchmark index ASX 200 was down 0.988% at 7162.500 points at 2:08 PM AEST. The S&P/ASX 200 Ma...

The Novonix Ltd (ASX: NVX) share price struggled through last month despite the company staying mostly silent. As of the final close of May, the Novonix share price was swapping hands for $4.09. That’s 22% lower than it ended April. For c...

ASX 200 finished flattish by 0.08% today Green metal miners plunge after a Goldman Sachs report says the bull run is over for lithium Aussie GDP was higher than expected   Local shares finished flattish today despite the fall on Wall Stre...

It was a month to forget for the S&P/ASX 200 Index (ASX: XJO) in May. During the period, the benchmark index fell a sizeable 3% to 7,229 points. While a good number of shares fell with the market, some dropped more than most. Here’s wh...

Highlights ASX 200 begins the week on a strong note, rising 1.45% on Monday, lea by a broader market rally. While Energy and Utilities trace back, IT, healthcare and materials race ahead. Dairy companies like Bubs Australia and The A2...

ShareCafeEvening Report: 30 May, 2022 by Lauren Evans   The ASX 200 rose for a second successive day led by technology, materials and bank shares. At the closing bell, the index was 1.5 per cent or 104 points higher at 7,287, its best perfo...

Today, the S&P/ASX 200 Index (ASX: XJO) backed up its big performance on Friday with another sensational showing. At the end of the session, the benchmark index finished 1.45% higher at 7,286.6 points. Nearly every sector was sitting i...

ASX 200 was up 1.3% today, led by Tech which jumped 4% A2M rose 10% after Bubs got  export deal with the US AGL Energy cancels coal demerger plan   A surge in Tech stocks led the ASX to a 1.3% higher close today, following a strong rally...

Aussie shares surged to a three-week high as regional markets rallied on signs global inflationary pressures may have peaked and as China relaxed Covid restrictions. The S&P/ASX 200 climbed 101 points or 1.41 per cent to 7284. Tec...

The Novonix Ltd (ASX: NVX) share price is taking off on Monday despite the company’s silence. However, it’s not alone in the green. The battery technology and materials share is gaining alongside the S&P/ASX 200 Informational Technolog...

The S&P/ASX 200 Index (ASX: XJO) is enjoying a second consecutive day in the green on Monday with the help of these shares. Right now, the index is recording a 1.26% gain, led by the tech sector. The S&P/ASX 200 Information Technol...

Australian shares jumped to a three-week high amid hopes global inflationary pressures have peaked, easing pressure on central banks to raise rates.   The S&P/ASX 200 climbed 63 points or 0.88 per cent by mid-session. The Australi...

The S&P/ASX 200 (ASX: XJO) delivered a strong finish to the week, gaining 1.1% on the back of a strong global lead. The primary driver was a weakening of the rhetoric from US Federal Reserve Chair, Jerome Powell in relation to the cours...

Highlights ASX 200 closed higher today, crossing its 20-day moving average. The benchmark index closed up, gaining 76.80 points or 1.08% to 7,182.70. Energy sector was the top performer followed by consumer discretionary. Closing...

ShareCafeEvening Report: 27 May, 2022 by Lauren Evans   Australian shares had their best day this week buoyed by resources and travel stocks while news in the M&A space also got some attention. Wall Street provided a solid lead with its...

Highlights Construction costs have risen worldwide recently. Tasmanian Constructions, Probuild and Condev collapsed earlier this year and now Pivotal Homes has joined them. With the global rise in construction costs, the constructi...

ShareCafeLunch Report: 27 May, 2022 by Melissa Darmawan   Travel stocks are stronger for a second straight day as Australian shares rally on the back of a strong lead from Wall St. A batch of upbeat earnings reports with several retailers u...

Rich lister and power industry titan Trevor St Baker, the largest investor in Novonix (ASX: NVX), has resigned from the board of titanium battery technology company with plans to expand his interests in the energy technology sector. St Bak...

27 May 2022 - Tech company Novonix (ASX:NVX) announced that Trevor St Baker has retired from the board, and will leave immediately.

The Novonix Ltd (ASX: NVX) share price is on course to end the week on a high. In morning trade, the battery materials and technology company’s shares are up 6.5% to $3.98. Why is the Novonix share price surging higher? Investors have been...

Novonix (NVX) non-executive director Trevor St Baker retires from the board of the company, effective immediately Mr St Baker says he has “excessive company board representations” on behalf of the St Baker Energy Innovation Fund (SBEIF) He...

Highlights Sales of electric cars doubled in 2021 touching a new high of 6.6 million, with more cars sold each week than in all of 2012. Despite supply chain challenges, sales of electric cars continued to rise significantly in 2022....

ASX 200 was up 0.56% today Investors flock to gold stocks on flight to safety Tech stocks plunge 2.5% as risk aversion kicks in   The benchmark ASX 200 index closed 0.56% higher today as investors flocked into gold stocks. It was a flight...

Gold miners, supermarkets and bonds outperformed as fears of a global slowdown pushed investors into defensive assets.   Blue-chips dominated as the S&P/ASX 200 climbed 26 points or 0.37 per cent. Small caps retreated. What moved...

Gold miners, supermarkets and bank stocks helped steer the market higher as trading turned defensive following further signs of a US economic slowdown. The S&P/ASX 200 rallied 44 points or 0.62 per cent by mid-session. A sharp retrea...

Highlights ASX 200 closed today’s trade merely 3.30 points up at 7,148.90 points. Materials supported gains against the pulldown from financials and utilities. Incitec Pivot, Imugene, and Elders were some newsmakers of the day. St...

ShareCafeEvening Report: 23 May, 2022 by Melissa Darmawan   The Aussie sharemarket lost steam from midday and eked out a gain after hearing that Beijing reported a record number of Covid-19 cases, renewing concerns the capital may face anot...

ASX closes flat Mining and Energy lead, while Health and Financials lag Codan, Elders offer strong guidance The first day of a new government didn’t have much impact on the local stock market, with Aussie blue chips closing the day flat....

By Greg Peel All is Forgiven The ASX200 fell -118 points on Thursday, taking its lead from a Wall Street session which confirmed US retailers were not handling supply chain and inflation issues as well as was assumed. The local consumer dis...

The S&P/ASX 200 (ASX: XJO) benefitted from news that the Chinese government had cut a key interest rate and a late rally in US markets to post a 1.2% gain to finish the week. The result was driven by a jump in the technology and discret...

Highlights ASX 200 gained 1.2% to 7,145.6 and posted first weekly gain since mid-April. Shares rallied on optimism that China’s economy will rebound. Global markets continue to waver after a whipsawing week in which inflation continue...

ShareCafeEvening Report: 20 May, 2022 by Lauren Evans   The Australian sharemarket ended the week on a high, bouncing back from Thursday’s losses as Aussie investors shrugged off declines on Wall Street ahead of the Federal election tomorro...

ShareCafeLunch Report: 20 May, 2022 by Melissa Darmawan   The federal election may bolster the nation’s shares regardless of who wins, if history is a guide. The ASX 200 has risen in the three months following eight of the last 10 votes wit...

The Novonix Ltd (ASX: NVX) share price is flying today, up 15.49% in early afternoon trading to $4.25. Novonix appears to be joining in on today’s market recovery after the savage sell-off yesterday. At the time of writing, the S&P/AS...

Gains in mining and tech stocks helped the share market push towards its first weekly advance in more than a month as Australians prepared to vote in a federal election. The S&P/ASX 200 climbed 81 points or 1.15 per cent. The rally l...

ASX fell by 1.51% after a plunge on Wall Street overnight All sectors fell except by Health.  Retailers led the selloff. Australia’s unemployment rate is at 48-year low of 3.9%, bang on with market consensus   Aussie shares didn’t fare to...

Blue-chip retailers suffered bruising losses after a corporate profit scare pushed the ASX sharply lower. Bunnings owner Wesfarmers, Woolworths and Coles spearheaded falls as the S&P/ASX 200 slumped 118 points or 1.65 per cent. Th...

It has been a tough day of trade for the Novonix Ltd (ASX: NVX) share price on Thursday. At one stage today, the battery technology company’s shares were down as much as 8% to $3.61. The Novonix share price has recovered slightly since the...

ShareCafeLunch Report: 19 May, 2022 by Melissa Darmawan   Consumer staples and discretionary stocks are leading the dive on the Australian sharemarket, shrugging off the improved labour market and giving back three days of gains. Bunnings a...

The share market gave up almost three days of gains after renewed inflation worries triggered Wall Street’s worst sell-off since 2020. The S&P/ASX 200 tumbled 102 points or 1.42 per cent by mid-session. Ten of 11 sectors declined....