Articles On Novonix (ASX:NVX)

Highlights The benchmark ASX 200 index tanked 2% to 6,978.6 in the first 15 minutes of trading. US stocks continued to witness heavy liquidation on Monday, led by selling in mega-cap growth stocks. The materials sector is the biggest...

Highlights ASX 200 finished today’s session down 1.2% or 84.90 points to 7.120, The index was dragged lower by real estate, technology, and materials sectors. Rate worries, continued supply-side pressures, and a tightening lockdown in...

ASX 200 extended loss, down by 1.43% All sectors fell except for Energy Tech and Real Estate were the worst performers   The ASX has extended its selloff as local stocks closed to the lowest level in two months. At the close, the benchmar...

The share market closed at a seven-week low as soft Chinese economic data pushed the dollar below 70 US cents and sapped buying interest in mining stocks. The S&P/ASX 200 shed 85 points or 1.18 per cent. Today’s close was the weakest...

The share market fell more than 1.2 per cent to a fresh seven-week low as plunging US equity futures added to investor worries. The S&P/ASX 200 declined 89 points or 1.23 per cent by mid-session. The index dipped below 7100 for the f...

The Block Inc (ASX: SQ2) share price is suffering on Monday despite the company’s New York-listed stock’s gains. At the time of writing, the Block share price is down 6.75% on the ASX, trading at $133.27. For context, the S&P/ASX 200 I...

The Novonix Ltd (ASX: NVX) share price is down 6.4% today and currently trading at $4.68. There’s been no news today from the ASX lithium-ion battery developer and graphite miner. However, fellow ASX lithium and tech shares are also strug...

Highlights ASX 200 edged 0.8% higher today, snapping a three-day losing streak and mirroring gains in US markets. In the US, Federal Reserve increased rates by 50 basis points, dashing worries that it might raise rates by 75 basis poin...

Today, the S&P/ASX 200 Index (ASX: XJO) broke a three-day losing streak following renewed optimism in markets on the back of the Federal Reserve’s rate decision last night. At the end of the session, the benchmark index finished 0.82%...

ASX 200 finished 0.85% higher Tech, Real Estate and Utilities led the sectors Qantas to buy Alliance Aviation for $614m   Rates sensitive sectors like Tech, Real Estate and Utilities led the ASX200 index to a higher close today, as fears...

Some of the worst-performing corners of the market enjoyed a day in the sun after a relief rally on Wall Street inspired the ASX’s first advance this week. Gold miners, tech companies and small and micro caps outperformed as the S&P/...

Highlights ASX 200 surrendered early gains to close 0.2% lower, 11.5 points to 7,304.7.  Miners, consumer discretionary, tech stocks and property were the worst performers. Australian retail sales surged 1.6% in March to AU$33.6 billi...

Battery tech company, Novonix [ASX:NVX], saw operating cash outflows reach $20 million for the quarter. The post Novonix (ASX:NVX) Shares Inch Higher on March Quarter Results appeared first on Money Morning Australia.

The Novonix Ltd (ASX: NVX) share price is well into the green after the lithium-ion battery technology and materials company released its latest quarterly activities and cash flow report. Novonix operates in the red hot lithium-ion battery...

S&P/ASX 200 Index (ASX: XJO) tech shares are continuing to rebound after their rough start to the week amid a strong session overseas. The tech-heavy Nasdaq Index took off overnight, with the Nasdaq-100 recording a 3.48% gain for Thurs...

Highlights: Governments across the world are providing a range of incentives for automakers and customers to switch to EVs. Some of the notable ASX-listed EV stocks are Novonix, Ampol and Magnis. Novonix produces and sells lithium-ion...

If 2021 and 2022 thus far have had an investing theme, green metals would have to be up there as a prime candidate. A decade ago, most investors might not have even heard of lithium. Now, there are more than a few investors out there that...

Highlights ASX 200 tumbled 1.6% today in the biggest daily retreat since February. Materials sector was the biggest laggard with a 3.3% loss and health care was the only sector out of 11 to show gains. US Federal Reserve has indicated...

ASX 200 fell 1.5% and finished the week lower by  The Mining Index had its largest weekly drop since August Markets have been spooked after hawkish US Fed comments overnight   It was carnage across the board as local shares took a direct...

The share market logged its highest close in eight months as gains in the major banks helped offset production downgrades at BHP. The S&P/ASX 200 poked its head above 7600 for only the third time this year before trimming its advance...

Highlights Most of the ASX 200 Information technology stocks traded in red today, such as Novonix and Dicker Data, as the XIJ traded in red today. However, Altium is an exception as its shares are trading in green today The S&P...

Today, the S&P/ASX 200 Index (ASX: XJO) dodged another negative session thanks to a heavy helping of gains across energy and materials. At the end of the session, the benchmark index finished 0.34% higher at 7,479 points. It appears t...

It was another weak day for the local market with every major sector falling on Tuesday and dragging the S&P/ASX 200 (ASX: XJO) down another 0.4%. The primary driver remains the oil price, which fell by 4%, and the surging bond yields i...

Highlights ASX 200 fell 0.4%, or 31.2 points, to 7454, weighed down by losses across healthcare and technology sectors. Market sentiments are being powered by developments around Russia-Ukraine war and heightened inflationary concerns...

ASX 200 slipped 0.42% Russia bonds deemed to have defaulted by S&P Afterpay net loss is growing  Local shares slipped by 0.42% today on growing concerns that imminent rate hikes could trigger a revaluation of equities. It was a sea of...

The Novonix Ltd (ASX: NVX) share price struggled today, closing 5.45% lower at $5.90. Whilst the spot rally in commodities has taken off in 2022, Novonix – a battery technology company – has slipped well into the red during that time. The...

The Australian share market fell to its lowest in two weeks after a global retreat from risk lowered commodity prices and US equities. The S&P/ASX 200 finished 31 points or 0.42 per cent in the red at 7454 after trading as low as 743...

The Metcash Limited (ASX: MTS) share price is outperforming the S&P/ASX 200 Index (ASX: XJO) today. In fact, the wholesale distribution company’s shares just hit a 12-year high. At the time of writing, the Metcash share price is up 1.7...

A broad sell-off lowered Australian shares in the wake of sharp declines on Wall Street and commodity markets overnight. The S&P/ASX 200 declined steadily to a mid-session loss of 40 points or 0.53 per cent. All 11 sectors retreat...

At lunch on Tuesday, the S&P/ASX 200 Index (ASX: XJO) has followed the lead of US markets and is sinking. The benchmark index is currently down 0.65% to 7,436.3 points. Here’s what is happening on the ASX 200 today: Pendal rejects Perp...

It was another volatile day for the S&P/ASX 200 (ASX: XJO), with the market trading significantly higher before reversing gains to finish up just 0.1%. The ASX 200 and individual sectors continue to diverge on a daily basis as the press...

Highlights The S&P/ASX 200 Information Technology Index (ASX:XIJ) traded 0.829% lower at 1758.800 points at 3:59 PM AEST on Monday (April 11). The ASX200 was up 0.074% at 7483.600 points at 4:01 PM AEST. Tech stocks continued to u...

Aussie shares pared solid early gains as rising rates and stronger-than-expected Chinese consumer prices sharpened global inflation worries ahead of tomorrow’s US data. The S&P/ASX 200 slashed an early 47-point surge to seven points...

Shares in Novonix Ltd (ASX: NVX) have been out of favour this year — in stark contrast to last year. By this time last year, the battery technology company had already climbed approximately 90% in value. Whereas in 2022, the Novonix share...

The share market hit a four-session high before turning negative as US futures signalled potential weakness tonight. The S&P/ASX 200 reached mid-session a point or 0.01 per cent lower after earlier gaining 47 points.  The early rally...

The threat of quantitative tightening extended to Australia on Thursday, with the S&P/ASX 200 (ASX: XJO) being dragged down another 0.6%, almost solely due to the technology sector. Just three sectors finished higher during the session,...

ASX was down 0.5% The US Fed signals tightening Aussie payrolls jobs almost flat in March   The ASX followed Wall Street into the red, falling by 0.60% as market sentiment turned sour following some Fed news overnight. Minutes from the la...

The share market fell for a second day as global financial markets continued to adjust to a fast-changing rates outlook. The S&P/ASX 200 dropped 47 points or 0.63 per cent to its lowest close in a week and a half. Rate-sensitive g...

The Xero Limited (ASX: XRO) share price has dropped 5% over the last two days. Considering the market capitalisation of Xero is $15.7 billion (according to the ASX), this decline represents hundreds of millions of dollars. Xero shares are...

Tech stocks led declines for a second day as investors rotated out of sectors most at risk from higher rates into defensive value plays. The S&P/ASX 200 dropped 34 points or 0.46 per cent by mid-session. Technology, banking and mi...

Highlights The benchmark ASX 200 index fell 0.55% to 7,449 in the first 20 minutes of trading. The US Federal Reserve released minutes from its last meeting, revealing details of its plans to fight inflation. The US dollar index surge...

Highlights ASX 200 closed lower at 7,490.10, led by a technology sector sell-off amid a rise in global bond yields. The financial was the best performing sector, gaining 0.70% and rebounding from its recent decline. Investors are clos...

Financial stocks led the way as the ASX 200 dipped by around 0.5%. Large cap coal stocks also found demand following news of more Russia sanctions ASX 200 tech companies fell sharply, after leading the market on Monday ASX large caps outp...

Aussie shares fell to their lowest in a week as a Covid-fuelled slowdown in major trading partner China compounded weak leads from the US. The S&P/ASX 200 fell 1.2 per cent before more than halving its fall to 38 points or 0.5 per ce...

The Sayona Mining Ltd (ASX: SYA) share price is charging higher, up 8% at the time of writing. Sayona shares opened this morning at 31 cents and are currently trading for 34 cents. Investors are bidding up the ASX lithium and graphite expl...

The share market suffered its biggest setback in almost a month as the prospect of tighter monetary policy on both sides of the Pacific brought out sellers. The S&P/ASX 200 slid 50 points or 0.66 per cent by mid-session. Today’s retr...

Gains in the resources, banking and technology sectors contributed to a 6.9% total return for the ASX200 in March, as Australia continued to outperform global equity markets. -The ASX200 gained 6.9% (total return) during March-Value continu...

ASX 200 fell 0.5 per cent with big falls in Novonix and Block. Inflation worries mount. Virtus to consider BGH bid. Woodside secures Scarborough approvals.

Highlights Today, ASX 200 gained 14.20 points or 0.19% to close at 7,527.90 and set a new 50-day high. The Reserve Bank of Australia (RBA) held interest rates steady at a record low 0.1% and dropped hints of a further increase. Talks...

ASX 200 is within striking range of record level Tech sector jumps 3% RBA keeps cash rate at 0.1% Local blue chip shares closed flat despite a big rally in Tech stocks. The ASX 200, currently at 7,516, is now within range of its record le...