The S&P/ASX 200 Index (ASX: XJO) finished the week on a high note, lifting alongside materials shares.
The index was 0.58% higher at 7,015.60 points as of Friday’s close. That’s also 1.01% higher than it was at the end of last week.
The S&P/ASX 200 Materials Index (ASX: XMJ) lifted 1.9% today, with lithium and gold stocks coming in as its best performers.
It followed a 1.7% gain recorded by gold futures, which lifted to trade at US$1,806.90 an ounce. Meanwhile, iron ore futures fell 3.5% to US$106.50 a tonne
But it wasn’t all gains across the market. The S&P/ASX 200 Energy Index (ASX: XEJ) plunged 1.4% after oil prices slumped overnight.
Brent crude oil fell 2.7% to US$94.12 a barrel and US Nymex crude slipped 2.3% to US$88.54 a barrel. That marks their lowest prices since Russia invaded Ukraine in February.
All in all, six of the ASX 200’s 11 sectors closed today’s trade in the green. But which share outperformed all others? Keep reading to find out.
Today’s best performing ASX 200 share recorded double the gain of the next best performer. It was none other than the Novonix Ltd (ASX: NVX) share price which surged around 14% to close the week. Find out what’s been going on with the battery technology and materials share here.
Today’s biggest gains were made by these ASX shares:
ASX-listed companyShare pricePrice changeNovonix Ltd (ASX: NVX)$3.0813.65%Liontown Resources Limited (ASX: LTR)$1.5056.74%Ramelius Resources Limited (ASX: RMS)$1.1156.7%Silver Lake Resources Limited (ASX: SLR)$1.546.57%Core Lithium Ltd (ASX: CXO)$1.2856.2%Life360 Inc (ASX: 360)$4.965.76%Coronado Global Resources Inc (ASX: CRN)$1.4755.36%Pointsbet Holdings Ltd (ASX: PBH)$3.355.35%Champion Iron Ltd (ASX: CIA)$4.795.27%Corporate Travel Management Ltd (ASX: CTD)$20.664.87%
Our top 10 ASX 200 shares countdown is a recurring end-of-day summary to ensure you know which companies were making big moves on the day. Check in at Fool.com.au after the market has closed during weekdays to see which stocks make the countdown.
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