Data Insights

New highs and lows: Almost 25% of the ASX 200 hit a 52-week low last week

Mon 06 Nov 23, 1:21pm (AEST)
Markets bar charts technical analysis
Source: Shutterstock

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

ING

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

CIP

Centuria Industrial Reit

$2.95

Real Estate

2.08%

MGR

Mirvac Group

$1.95

Real Estate

-5.58%

DXS

Dexus

$6.89

Real Estate

-8.86%

GPT

GPT Group

$3.89

Real Estate

-9.32%

SCG

Scentre Group

$2.58

Real Estate

-10.10%

HDN

Homeco Daily Needs

$1.12

Real Estate

-11.11%

ARF

Arena Reit

$3.42

Real Estate

-11.63%

BWP

BWP Trust

$3.42

Real Estate

-13.42%

WPR

Waypoint Reit

$2.28

Real Estate

-14.93%

NSR

National Storage Reit

$2.06

Real Estate

-16.60%

LLC

Lendlease Group

$6.38

Real Estate

-17.36%

CQR

Charter Hall Retail Reit

$3.17

Real Estate

-20.15%

RGN

Region Group

$2.08

Real Estate

-20.61%

CLW

Charter Hall Long Wale Reit

$3.27

Real Estate

-23.24%

CQE

Charter Hall Social Infrastructure

$2.54

Real Estate

-23.95%

GOZ

Growthpoint Properties

$2.16

Real Estate

-33.33%

CMW

Cromwell Property Group

$0.37

Real Estate

-45.99%


Stocks at 52-Week Lows: Everything Else

Ticker

Company

Close Price

Sector

1 Year

NEC

Nine Entertainment

$1.92

Discretionary

-9.2%

TAH

Tabcorp

$0.82

Discretionary

-13.3%

BAP

Bapcor

$5.54

Discretionary

-16.9%

EVT

EVT

$10.85

Discretionary

-24.9%

SGR

The Star Entertainment

$0.56

Discretionary

-77.9%

PNI

Pinnacle

$8.52

Financials

1.7%

MQG

Macquarie Group

$163.24

Financials

-4.2%

CGF

Challenger

$6.00

Financials

-15.9%

CNI

Centuria Capital Group

$1.27

Financials

-23.5%

BOQ

Bank of Queensland

$5.45

Financials

-25.2%

PPT

Perpetual

$20.22

Financials

-30.6%

NAN

Nanosonics

$3.91

Healthcare

-8.4%

CSL

CSL

$244.00

Healthcare

-11.5%

ANN

Ansell

$22.15

Healthcare

-21.3%

HLS

Healius

$1.90

Healthcare

-43.6%

QUB

Qube

$2.90

Industrials

8.2%

AIA

Auckland International Airport

$7.11

Industrials

2.6%

SEK

Seek

$21.80

Industrials

0.1%

CWY

Cleanaway

$2.39

Industrials

-11.2%

SQ2

Block Inc

$81.18

Industrials

-16.3%

IPH

IPH

$7.10

Industrials

-26.2%

NUF

Nufarm

$4.52

Materials

-20.0%

IGO

IGO

$9.69

Materials

-35.2%

AKE

Allkem

$9.54

Materials

-36.1%

CHN

Chalice Mining

$1.94

Materials

-52.6%

SYA

Sayona Mining

$0.09

Materials

-63.0%

A2M

The A2 Milk Company

$4.00

Staples

-26.2%

CNU

Chorus

$6.84

Technology

-4.3%

IRE

Iress

$5.21

Technology

-46.0%

 

Written By

Kerry Sun

Content Strategist

Kerry holds a Bachelor of Commerce from Monash University. He is an avid swing trader, focused on technical set ups and breakouts. Outside of writing and trading, Kerry is a big UFC fan, loves poker and training Muay Thai. Connect via LinkedIn or email.

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