Join our daily newsletter At The Bell to receive exclusive market insights
The ASX200 closed down 0.48% at 7,749 points.
Staples lead the index lower, down 0.94%, followed by Discretionary, down 0.68%, and Financials, down 0.64%.
Real Estate was the only sector to gain ground, up less than a tenth of a percent.
In the Green
Novonix (ASX:NVX) closed up 9.2% on receipt of approval to purchase a 182-acre site for its second mass production plant, Enterprise South in Tennessee.
Novonix closed at 47.5 cents.
Boss Energy (ASX:BOE) has closed up 1.8% on an strategic investment in Laramide Resources (ASX: LAM). The deal doubles Boss’ stake in the uranium explorer.
Boss Energy closed at $2.21 and Laramide Resources (ASX:LAM) closed at 70 cents.
Capricorn Metals (ASX:CMM) closed up 5.4% thanks to rising gold price. Investors have been buying the company’s stock after it announced the acquisition of the Kings Find Project in Western Australia.
Capricorn Metals closed at $7.84.
In the Red
Rio Tinto (ASX:RIO) closed down 1% after inking two landmark hybrid services agreements with Edify Energy. The deal is expected to boost the renewable energy supply for its Gladstone aluminium operations in Queensland.
Rio Tinto closed at $115.99.
Fletcher Building (ASX:FBU) closed down 2.3% as investors react to a broker note from Goldman Sachs. The broker is bearish on the company and has downgraded the firm to a sell rating and a $2.85 price target.
Fletcher Building closed at $2.87.
Bapcor (ASX:BAP) closed down 2.2% after going ex-dividend today.
Bapcor closed at $4.86.
