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Stocks Surge as Novonix and Synlait Boost Markets

9/29/2025

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Summary

Story summary

Novonix Ltd shares rose nearly 17% after mass production of synthetic graphite for a US client.
Synlait Milk Ltd shares rose over 15% after selling North Island assets to Abbott for NZ$307 million.
Asian markets were mostly higher; Tokyo's Nikkei 225 fell 0.7% amid mixed sectors.
U.S. stocks reversed a three-day slide as inflation rose to 2.7%, fueling Fed-cut expectations.

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Story summary

Novonix Ltd shares rose nearly 17% after mass production of synthetic graphite for a US client.
Synlait Milk Ltd shares rose over 15% after selling North Island assets to Abbott for NZ$307 million.
Asian markets were mostly higher; Tokyo's Nikkei 225 fell 0.7% amid mixed sectors.
U.S. stocks reversed a three-day slide as inflation rose to 2.7%, fueling Fed-cut expectations.