As Aussies rang in the new year with their own 2022 resolutions, these 3 ASX shares decided some record-high prices would be the first order of business.
Investors that snapped up these producers and retailers will be pleased.
Let's take a look…
Graincorp Ltd (ASX: GNC)
Graincorp Limited (ASX: GNC) is an Australian agribusiness and processing company operating primarily in grain and oilseed storage.
In addition to grain, infant formula products, and wood chips, this ASX share also has a recycling interest — it has interests in turning cooking oil into biofuel products and is invested in making eco-friendly animal feed derived from seaweed.
With strong global demand for Australian grain, the Graincorp share price performed exceptionally well last year — successfully finding markets outside China following the landslide of import bans on Australian products earlier last year.
At the start of January 2021, the Graincorp share price was $4.22. At the close of trading today, shares were swapping hands for $8.42 apiece — an increase of almost 100%.
The Graincorp share price was up 2% on the day to a new 52-week high.
Michael Hill International Ltd (ASX: MHJ)
Next up, the Michael Hill International Ltd (ASX: MHJ) share price hit the 52-week-high record bell again today, just a week after its previous record.
In fact, Michael Hill shares hit $1.53 just after opening — an almost 11% increase from their previous closing price on New Year's Eve.
The pandemic seems to have not deterred shoppers — in its most recent announcement, this ASX share detailed strong sales through the recent holiday period despite the onset of the new COVID-19 variants.
And it's not only foot traffic — the jeweller saw its website traffic go up by 35%, and its digital sales increase by more than 50%, up to almost $35 million.
As such, the company anticipates its first half-year results to be higher than that of last year.
All in all, the jeweller has seen a stellar 2021, shooting up around 110% since this time last year.
The Michael Hill share price closed today up 6.16% at $1.47.
Reece Ltd (ASX: REH)
Last but not least is the Australian-based plumbing and bathroom supplier, Reece Ltd (ASX: REH).
Just like the other ASX share gainers, Reece experienced a new record today following its previous 52-week-high achieved only last week.
At the market close, the Reece share price was up 3.4% at $27.95.
Reece hit its highest point at 11am, experiencing an increase of 3.9% from the previous closing price.
Last week's holiday jump came off the back of a fairly quiet few weeks of news from this company.
However, back in October, it released a Q1 FY22 update, showing sales revenue of $1.7 million for the first quarter, an increase of 13% from the previous corresponding period.
Overall, in the last 12 months, the Reece share price has jumped 83%.
The retailer has a market capitalisation of more than $18 billion and a price-to-earnings ratio (P/E) of 69.28.
