Articles On Novonix (ASX:NVX)

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....

At lunch on Thursday, the S&P/ASX 200 Index (ASX: XJO) has followed the lead of Wall Street and is tumbling notably lower. The benchmark index is currently down 1.55% to 7,072 points. Here’s what is happening on the ASX 200 today: Aris...

Highlights: The benchmark index ASX200 was down 1.75% in opening trade on Thursday Overnight selloff on Wall Street spooked investors and impacted risk sentiments All the 11 sectors on the ASX are in the red today Australian equit...

The All Ordinaries Index (ASX: XAO) is higher today, but three ASX mining shares are outperforming the index. The All Ordinaries Index is up 0.27% today to 7,345.8 points. For context, the S&P/ASX 200 Resources Index (ASX: XJR) is 1.2...

The share market eked out back-to-back gains for the first time this month despite pressure on miners following confirmation the Chinese economy contracted sharply under lockdown. The S&P/ASX 200 slashed a 74-point opening surge to 1...

Shares of battery technology company Novonix Ltd (ASX: NVX) have lifted on Monday and now trade 1.36% in the green at $3.73. The Novonix share price has traded as high as $3.98 and as low as $3.71 up until the point of writing. In wide...

The S&P/ASX 200 (ASX: XJO) finished the week on a high note, gaining 1.9% on the back of an incredible surge in the technology sector. The mid-session turnaround in the Nasdaq pushed the ASX technology sector to a 6.9% gain after US-lis...

Highlights ASX 200 fell 1.8% to 6941 points, the lowest closing level since late January. Tech stocks shredded both in the US and Australia with the local tech sector dropping by 8.7% after latest US inflation numbers spooked markets....

ASX 200 drops for the third day this week Tech sector sank 7% on bearish sentiment US CPI was higher than expected   Local shares fell again today, capitulating to their third loss this week. At the close, the ASX 200 fell by 1.82% with a...

The Novonix Ltd (ASX: NVX) share price is sliding today and is currently down 9.05% at $3.62. Despite no market-sensitive updates, investors are selling off Novonix shares today on a volume of 3.5 million shares at the time of writing, wel...

Aussie shares declined for the fourth time in five days after the Dow logged its longest losing run since 2020. The S&P/ASX 200 shed 74 points or 1.06 per cent by mid-session. The benchmark was stuck below the psychologically-signifi...

Aussie stocks eked out their first gain in four sessions as a recovery in iron ore prices helped the heavyweight miners join defensive assets in positive territory. The S&P/ASX 200 swung from a 59-point opening loss to a gain of 13.5...

The share market fell for a fourth day as declines in banking and tech stocks outweighed gains in defensive pockets of the market. The S&P/ASX 200 pared an early fall of 59 points to 10.5 points or 0.15 per cent by mid-session. On...

S&P/ASX 200 Index (ASX: XJO) tech shares are being slammed on Tuesday after the Nasdaq Composite (NASDAQ: .IXIC) continued to tumble into market crash territory overnight. The tech-heavy US-based index extended its slump in Monday’s se...

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...