New highs and lows: Almost 25% of the ASX 200 hit a 52-week low last week
The ASX 200 has started to bounce from extreme oversold levels, up ~3% in the past 5 sessions
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Mentioned
KEY POINTS
- The ASX 200 has started to bounce from extreme oversold levels, up more than 3% in the past five sessions
- Real Estate is the sector that has been hit the hardest, with 17 stocks marking a fresh 52-week low in the past week
- Most Real Estate stocks have bounced 3-5% from Monday, 30 October lows, coinciding with a sharp drop in yields
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
Market breadth has been extremely poor with 46 ASX 200 constituents marking a fresh-52 week low in the past week, down from 54 two weeks ago.
The ASX 200 has started to bounce from extreme oversold levels, up more than 3% in the past five sessions. This should translate in to some more positive data next week.
Real Estate: 0 Highs, 17 Lows
Financials: 0 Highs, 6 Lows
Industrials: 0 Highs, 6 Lows
Materials: : 0 Highs, 5 Lows
Discretionary: 0 Highs, 5 Lows
Healthcare: 0 Highs, 4 Lows
Technology: 0 Highs, 2 Lows
Staples: 1 High, 1 Low
Utilities: 0 Highs, 0 Lows
Energy: 0 Highs, 0 Lows
The Lone 52-Week High
Ticker | Company | Close Price | Sector | 1 Year |
|---|---|---|---|---|
Inghams Group | $3.92 | Staples | 47.9% |
Stocks at 52-Week Lows: Real Estate
Most Real Estate stocks have bounced 3-5% from Monday, 30 October lows.
The bounce coincides with a sharp drop in yields, with the Australian 2-year and 10-year down 22 bps and 30 bps respectively between 1-3 November.
Ticker | Company | Close Price | Sector | 1 Year |
|---|---|---|---|---|
Centuria Industrial Reit | $2.95 | Real Estate | 2.08% | |
Mirvac Group | $1.95 | Real Estate | -5.58% | |
Dexus | $6.89 | Real Estate | -8.86% | |
GPT Group | $3.89 | Real Estate | -9.32% | |
Scentre Group | $2.58 | Real Estate | -10.10% | |
Homeco Daily Needs | $1.12 | Real Estate | -11.11% | |
Arena Reit | $3.42 | Real Estate | -11.63% | |
BWP Trust | $3.42 | Real Estate | -13.42% | |
Waypoint Reit | $2.28 | Real Estate | -14.93% | |
National Storage Reit | $2.06 | Real Estate | -16.60% | |
Lendlease Group | $6.38 | Real Estate | -17.36% | |
Charter Hall Retail Reit | $3.17 | Real Estate | -20.15% | |
Region Group | $2.08 | Real Estate | -20.61% | |
Charter Hall Long Wale Reit | $3.27 | Real Estate | -23.24% | |
Charter Hall Social Infrastructure | $2.54 | Real Estate | -23.95% | |
Growthpoint Properties | $2.16 | Real Estate | -33.33% | |
Cromwell Property Group | $0.37 | Real Estate | -45.99% |
Stocks at 52-Week Lows: Everything Else
Ticker | Company | Close Price | Sector | 1 Year |
|---|---|---|---|---|
Nine Entertainment | $1.92 | Discretionary | -9.2% | |
Tabcorp | $0.82 | Discretionary | -13.3% | |
Bapcor | $5.54 | Discretionary | -16.9% | |
EVT | $10.85 | Discretionary | -24.9% | |
The Star Entertainment | $0.56 | Discretionary | -77.9% | |
Pinnacle | $8.52 | Financials | 1.7% | |
Macquarie Group | $163.24 | Financials | -4.2% | |
Challenger | $6.00 | Financials | -15.9% | |
Centuria Capital Group | $1.27 | Financials | -23.5% | |
Bank of Queensland | $5.45 | Financials | -25.2% | |
Perpetual | $20.22 | Financials | -30.6% | |
Nanosonics | $3.91 | Healthcare | -8.4% | |
CSL | $244.00 | Healthcare | -11.5% | |
Ansell | $22.15 | Healthcare | -21.3% | |
Healius | $1.90 | Healthcare | -43.6% | |
Qube | $2.90 | Industrials | 8.2% | |
Auckland International Airport | $7.11 | Industrials | 2.6% | |
Seek | $21.80 | Industrials | 0.1% | |
Cleanaway | $2.39 | Industrials | -11.2% | |
Block Inc | $81.18 | Industrials | -16.3% | |
IPH | $7.10 | Industrials | -26.2% | |
Nufarm | $4.52 | Materials | -20.0% | |
IGO | $9.69 | Materials | -35.2% | |
Allkem | $9.54 | Materials | -36.1% | |
Chalice Mining | $1.94 | Materials | -52.6% | |
Sayona Mining | $0.09 | Materials | -63.0% | |
The A2 Milk Company | $4.00 | Staples | -26.2% | |
Chorus | $6.84 | Technology | -4.3% | |
Iress | $5.21 | Technology | -46.0% |
