ASX 200 stocks hitting fresh 52-week highs and lows – Week 3
The Industrials sector showed notable strength last week, with names like Qantas, Brambles and Computershare touching a fresh 52-week high.
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Welcome back to the 52-week Series – A recap of ASX 200 stocks that have tagged a fresh yearly highs and lows in the past week. By tracking these 52-week highs and lows, we can spot emerging trends across different stocks and sectors.
When we see clusters of stocks hitting new milestones within a sector, it often signals significant underlying factors – whether it's shifting commodity prices, evolving demand trends (like the current AI boom), or companies exceeding or falling short of earnings expectations.
52-Week Highs and Lows by Sector
Industrials: 5 highs, 1 low
Health Care: 2 highs, 1 low
Financials: 2 highs, 0 lows
Discretionary: 1 high, 2 lows
Materials: 1 high, 2 lows
Technology: 0 highs, 1 low
Real Estate: 0 highs, 1 low
Telecommunication: 0 highs, 0 lows
Staples: 0 highs, 0 lows
Utilities: 0 highs, 0 lows
Energy: 0 highs, 0 lows
What Does the Data Tell Us?
Industrials are showing relative strength. The Industrials sector is demonstrating notable resilience amid broader market weakness. The sector recorded two new 52-week highs last week, following strong performance last December when 5 stocks reached new highs. Several key factors appear to be driving this sector strength:
Qantas delivered robust FY24 results in August, announcing plans to reinstate base dividends and initiate a $400 million on-market buyback. Recent results from US peers may provide positive indicators for Qantas's outlook. Delta Air Lines' 4Q24 results exceeded market expectations, showing strong growth in international travel (up 6% year-on-year) and corporate travel (up 10% year-on-year). Delta's survey suggests continued momentum, with 90% of companies planning to increase travel spending this year.
Brambles has emerged as a major beneficiary of U.S. dollar appreciation. Citi analysts identified Brambles as one of the top stocks positioned to benefit from a rising U.S. dollar in their December 2023 research note, explaining that "both defensive outperformance and a falling Australian dollar typically coincide with economic uncertainty."
Monadelphous Group and engineering peers like GR Engineering and Worley have shown notable strength and outperformance over the past month.
ASX 200 Industrials Making 52-Week Highs
Data shows Industrial stock to have hit a 52-week high in the past week. Share price and performance as at Friday 10 January 2025
ASX 200 Stocks Making 52-Week Highs
Ticker | Company | Close | Sector | 1 Week | 1 Year |
|---|---|---|---|---|---|
Arcadium Lithium | $9.13 | Materials | 9.9% | NA | |
Sigma Healthcare | $3.00 | Health Care | 7.9% | 564.3% | |
Aristocrat Leisure | $71.89 | Discretionary | 3.6% | 63.2% | |
Commonwealth Bank | $156.05 | Financials | 0.7% | 52.8% | |
Insignia Financial | $4.12 | Financials | 16.4% | 15.1% | |
Ansell | $33.88 | Health Care | -0.4% | -1.1% |
Data shows any stock to have hit a 52-week high in the past week. Share price and performance as at Friday 10 January 2025
ASX 200 Stocks Making 52-Week Lows
Ticker | Company | Close | Sector | 1 Week | 1 Year |
|---|---|---|---|---|---|
The Star Entertainment | $0.11 | Discretionary | -42.1% | -96.4% | |
Kelsian Group | $3.46 | Industrials | -7.2% | -51.8% | |
Collins Foods | $7.13 | Discretionary | -3.5% | -40.2% | |
Endeavour Group | $4.09 | Consumer Staples | -2.6% | -37.0% | |
Centuria Industrial | $2.85 | Real Estate | -1.4% | -27.1% | |
Nufarm | $3.54 | Materials | -2.2% | -27.0% | |
Data#3 | $6.37 | Technology | 0.5% | 8.0% | |
Bellevue Gold | $1.07 | Materials | -6.6% | 28.9% | |
Neuren Pharmaceuticals | $11.91 | Health Care | -2.4% | 239.3% |
Data shows any stock to have hit a 52-week low in the past week. Share price and performance as at Friday 10 January 2025
