ASX 200 stocks hitting fresh 52-week highs and lows – Week 38
Bond yields are breaking out, breadth is fading and the two most rate-sensitive sectors on the ASX are at their lowest in years.
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Welcome back to the 52-Week Series, where we recap the S&P/ASX 200 stocks that hit fresh yearly highs and lows last week. Tracking this data point helps identify emerging trends across various stocks and sectors.
When clusters of stocks within a sector reach new highs or lows, it often points to meaningful underlying drivers such as shifting commodity prices, changing demand patterns (such as AI, pivots into defensive sectors, consumer weakness etc), or companies beating/missing earnings expectations.
52-Week highs and lows by sector
Materials: 4 Highs, 2 Lows
Health Care: 2 Highs, 0 Lows
Energy: 2 Highs, 0 Lows
Real Estate: 0 Highs, 6 Lows
Discretionary: 0 Highs, 3 Lows
Telecommunications: 0 Highs, 3 Lows
Financials: 0 Highs, 2 Lows
Industrials: 0 Highs, 0 Lows
Utilities: 0 Highs, 0 Lows
Technology: 0 Highs, 0 Lows
Staples: 0 Highs, 0 Lows
What Does the Data Tell Us?
Devoid of breadth: The ASX 200 fell 2.9% last week and only energy and utilities finished higher. Most of the stocks that notched a fresh yearly high did so early in the week, with the likes of South32, Perseus and Ansell fading to close lower. Only a handful stood tall, namely Ramsay Health Care, still riding the tailwinds of its better-than-expected FY26 result on 27 August, plus energy plays like New Hope and Santos. Fading leadership and a shrinking list of winners tell you it's pretty rough out there.
A downward spiral for REITs: You've no doubt seen the headlines about the breakout in bond yields, many of which are trading at multi-year, if not multi-decade highs. Real estate is one of the most vulnerable sectors against that backdrop, taking a hit through borrowing costs and again through the discount rate used to value their properties. After a relief rally from April to July, the sector has tumbled 12% in six weeks, undercutting the March low to trade at its weakest since January 2024. The 52-week low list features high profile names like Charter Hall, GPT Group and BWP Trust.
S&P/ASX 200 Real Estate Index (Source: TradingView)
Retailers in the trenches: The ASX 200 Discretionary index has been trending lower since last August on a mix of high valuations, consumer headwinds and the US-Iran war. Consumer confidence data offered a clean read on the move, with the Westpac sentiment index falling 12.5% month-on-month in April to 80.1, the biggest drop since COVID and back near historical lows, albeit slightly above the extremes of the pandemic and the recessions of the 1980s and 90s. That turned out to be the bottom. The initial US-Iran peace deals and a pullback in oil prices drove a 25% bounce between mid-May and early August, but as those catalysts fell apart, so did the rally. The index is now down around 15% over the last six weeks, with JB Hi-Fi off 21% over the same stretch and about 40% across the past twelve months.
ASX 200 stocks at 52-week highs
Ticker | Company | Close | Sector | 1 Week | 1 Year |
|---|---|---|---|---|---|
South32 | $5.02 | Materials | -3.3% | 91.6% | |
Ramsay Health Care | $53.55 | Health Care | 2.4% | 59.6% | |
Perseus Mining | $6.41 | Materials | -5.3% | 50.5% | |
New Hope | $6.33 | Energy | 3.8% | 38.2% | |
Dyno Nobel | $3.89 | Materials | -0.8% | 34.1% | |
West African Resources | $3.84 | Materials | -0.3% | 26.3% | |
Ansell | $41.34 | Health Care | -2.2% | 22.3% | |
Santos | $8.59 | Energy | 4.6% | 11.7% |
S&P/ASX 200 stocks and sectors that hit a 52-week high last week, sorted by one-year returns. Data as at Friday, 11 September 2026.
ASX 200 real estate stocks at 52-week lows
S&P/ASX 200 Real Estate constituents hat hit a 52-week low last week, sorted by one-year returns. Data as at Friday, 11 September 2026.
Other ASX 200 stocks and sectors at 52-week lows
Ticker | Company | Close | Sector | 1 Week | 1 Year |
|---|---|---|---|---|---|
Iperionx | $2.64 | Materials | -10.8% | -60.0% | |
JB Hi-Fi | $64.88 | Discretionary | -3.6% | -44.0% | |
Netwealth Group | $19.04 | Financials | -6.5% | -38.5% | |
GQG Partners | $1.10 | Financials | -10.3% | -36.0% | |
Nine Entertainment | $0.77 | Telecommunications | -15.9% | -34.8% | |
Vulcan Energy Resources | $2.37 | Materials | -9.5% | -33.4% | |
Aussie Broadband | $4.00 | Telecommunications | -3.6% | -25.2% | |
Eagers Automotive | $19.74 | Discretionary | -6.5% | -24.3% | |
The Lottery Corp | $4.81 | Discretionary | -3.6% | -18.6% | |
Chorus | $7.15 | Telecommunications | -2.1% | -15.8% |
All other S&P/ASX 200 stocks and sectors that hit a 52-week low last week, sorted by one-year returns. Data as at Friday, 11 September 2026.
