News
Big brokers warn of “generational” overvaluations in ANZ, Commonwealth Bank, NAB and Westpac
Fri 06 Dec 24, 1:16pm (AEDT)
Data Insights
New highs and lows: 16% of the ASX 200 hit a fresh 52-week low last week
By
Kerry Sun
Mon 23 Oct 23, 12:42pm (AEDT)
Source: iStock
Stocks in article
Key Points
- 33 ASX 200 stocks (16%) hit new 52-week lows last week, primarily in Materials, Discretionary, Industrials, and Financials
- Widespread weakness stems from operational challenges, waning consumer spending, and yield-related headwinds
- Only nine stocks reached 52-week highs, with notable gains in Technology, Utilities, and Healthcare
Welcome back to the 52-week Series – A recap of ASX 200 stocks marking yearly highs and lows in the past week.
52-Week Highs and Lows by Sector
Materials: 2 Highs, 7 Lows
Discretionary: 1 High, 5 Lows
Industrials: 0 Highs, 5 Lows
Healthcare: 1 High, 4 Lows
Financials: 3 Highs, 4 Lows
Real Estate: 0 Highs, 4 Lows
Staples: 0 Highs, 2 Lows
Utilities: 1 High, 1 Low
Technology: 1 High, 0 Lows
Energy: 0 Highs, 0 Lows
Stocks at 52-Week Highs
Ticker | Company Name | Close Price | Sector | 1 Year |
|---|---|---|---|---|
News Corp | $35.48 | Discretionary | 33.9% | |
QBE Insurance | $15.61 | Financials | 36.0% | |
Hub24 | $31.68 | Financials | 33.5% | |
Medibank | $3.53 | Financials | 5.1% | |
Pro Medicus | $78.16 | Healthcare | 51.2% | |
Ramelius Resources | $1.73 | Materials | 183.4% | |
Deterra Royalties | $4.88 | Materials | 23.5% | |
Light & Wonder Inc | $119.00 | Technology | 29.7% | |
Origin Energy | $9.19 | Utilities | 81.9% |
Stocks at 52-week Lows
A significant 33 stocks or 16% of the ASX 200 hit new 52-week lows in the past week. This widespread weakness hit several sectors, notably Materials, Discretionary, Industrials and Financials. The downturn relates to a broad-range of factors including operational and capex challenges for miners, waning consumer spending and yield-related headwinds for sectors like Industrials and Real Estate.
Ticker | Company Name | Close Price | Sector | 1 Year |
|---|---|---|---|---|
Bapcor | $5.52 | Discretionary | -6.9% | |
Tabcorp | $0.86 | Discretionary | -7.9% | |
Lovisa | $17.87 | Discretionary | -19.1% | |
EVT | $10.75 | Discretionary | -21.1% | |
Endeavour Group | $5.09 | Discretionary | -28.8% | |
ASX | $54.35 | Financials | -14.0% | |
Credit Corp | $12.40 | Financials | -21.6% | |
Magellan Financial | $6.44 | Financials | -27.6% | |
Insignia Financial | $2.04 | Financials | -29.4% | |
CSL | $233.09 | Healthcare | -11.7% | |
Ansell | $21.46 | Healthcare | -17.0% | |
Resmed | $22.64 | Healthcare | -34.0% | |
Polynovo | $1.12 | Healthcare | -41.7% | |
Transurban | $11.97 | Industrials | 1.2% | |
Cleanaway Waste Management | $2.35 | Industrials | -7.1% | |
Atlas Arteria | $5.37 | Industrials | -10.5% | |
Qantas | $4.77 | Industrials | -18.3% | |
IPH | $6.98 | Industrials | -24.3% | |
Amcor | $13.61 | Materials | -17.6% | |
Mineral Resources | $59.55 | Materials | -17.7% | |
Iluka Resources | $6.96 | Materials | -23.3% | |
IGO | $11.16 | Materials | -25.5% | |
Alumina | $0.81 | Materials | -36.0% | |
Chalice Mining | $1.86 | Materials | -57.5% | |
Sayona Mining | $0.08 | Materials | -63.1% | |
GPT Group | $3.73 | Real Estate | 0.1% | |
Dexus | $6.93 | Real Estate | -1.4% | |
Lendlease Group | $6.49 | Real Estate | -18.6% | |
Charter Hall | $9.01 | Real Estate | -20.4% | |
Coles | $15.13 | Staples | -3.7% | |
A2 Milk | $4.07 | Staples | -23.5% | |
APA Group | $7.97 | Utilities | -12.7% |
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