3 ASX 200 shares hitting fresh all-time highs on Monday

These ASX 200 shares are running ahead of the broader market.

| More on:
An excited man stretches his arms out above his head as he reaches a mountain peak.

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The S&P/ASX 200 Index (ASX: XJO) has bounced back strongly on Monday after sliding 1.10% to 7,440 within the first hour of trade.

At the time of writing, the ASX 200 is down 0.22% to 7,506 with weakness across energy and materials sectors partly offset by strength across tech, consumer discretionary and utilities.

While the market continues to chop back and forth in September, here are the ASX 200 shares marking new all-time highs today.

ASX 200 shares scoring fresh all-time highs on Monday

1. Carsales.Com Ltd (ASX: CAR)

The Carsales share price has been trending strongly since July, rallying 31% with only a few momentary pullbacks. Its added another 2.32% on Monday to a new all-time high of $25.97.

The move up today is consistent with the strength behind the S&P/ASX Information Technology (INDEXASX: XIJ) index, currently trading 0.85% higher.

The tech index is largely green across the board, headlined by gains from Afterpay Ltd (ASX: APT), Xero Limited (ASX: XRO) and Computershare Ltd (ASX: CPU).

2. IDP Education Ltd (ASX: IEL)

The IDP Education share price is one of few ASX 200 shares to stage a V-shaped recovery on the day of its earnings.

IDP shares dived 9.53% to $25.24 within the first few minutes of trade, before closing 1.72% higher at $27.90.

The company's FY21 results seemed deserving of the initial selloff with revenue down 10% to $528.7 million and adjusted net profit after tax (NPAT) down 36% to $45 million.

The IDP share price rallied 14.2% since results day, marking a new all-time high of $32.72 on Monday.

3. Domino's Pizza Enterprises Ltd. (ASX: DMP)

The Domino's share price is on track to become one of the top performing ASX 200 shares this year, surging 78.5% year-to-date.

The company's FY21 full-year results announcement on 18 August was a recent catalyst that helped its shares rally to new all-time highs.

Domino's revealed well-rounded growth in FY21 with Group sales increasing 14.6% to $3.74 billion and NPAT surging 29.2% to $188.2 million.

Domino's was pleased to announce that 285 new stores were opened during the period, reflecting a 10.7% increase in overall stores. This figure surpassed its previous target of between 7% to 9% within the next 3 to 5 years.

Motley Fool contributor Kerry Sun has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of and has recommended Idp Education Pty Ltd. The Motley Fool Australia has recommended Dominos Pizza Enterprises Limited and carsales.com Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on 52-Week Highs

a person stands arms outstretched on the top of a mountain with a beautiful sunrise in the sky
52-Week Highs

5 ASX 200 mining stocks including Mineral Resources and BHP shares smashing new 52-week highs today

BHP and Mineral Resources join the pack of ASX mining stocks racing to new one-year-plus highs today.

Read more »

A woman sprints with a trail of fire blazing from her body.
52-Week Highs

ASX mining shares on fire! New 52-week highs today

PLS Group, Liontown, IGO, Mineral Resources, Newmont, and South32 are among today's surging mining stocks.

Read more »

Three people jumping cheerfully in clear sunny weather.
Materials Shares

12 ASX lithium shares rip to 52-week highs

PLS Group and others have reset their 52-week highs as lithium commodity prices continue to rise.

Read more »

Woman attached to rocket flies into the air
52-Week Highs

Scores of ASX mining shares hit 52-week highs

BHP, Rio Tinto, South32, and Mineral Resources shares are among those that hit 52-week highs today.

Read more »

A graphic image of three upward pointing arrows with smoke coming from their bottoms, indicating the arrows are taking off just like the Althea share price today
52-Week Highs

Why Rio Tinto, Evolution Mining and BHP shares just smashed new 52-week highs

BHP, Rio Tinto, and Evolution Mining shares are lifting off today.

Read more »

A man in a business suit holds his coffee cup aloft as he throws his head back and laughs heartily.
Resources Shares

ASX mining shares dominate stocks hitting 52-week highs

BHP, Fortescue, Rio Tinto, and Evolution Mining shares are among those that hit 52-week highs today.

Read more »

Three satisfied miners with their arms crossed looking at the camera proudly
Resources Shares

Major ASX 200 mining shares hit 52-week highs

BHP, Fortescue, and Rio Tinto shares set new 52-week highs today.

Read more »

Concept image of a businessman riding a bull on an upwards arrow.
52-Week Highs

2 ASX 200 mining stocks smashing new 52-week highs on Thursday

Investors just sent these two ASX 200 mining stocks rocketing to one-year-plus highs. But why?

Read more »