3 ASX 200 stocks smashing 52-week highs today

Owners of these ASX 200 stocks, pat yourselves on the back.

| More on:
red arrow representing a rise of the share price with a man wearing a cape holding it at the top

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

Another day, another set of S&P/ASX 200 Index (ASX: XJO) shares launching to long-forgotten heights. Let's take a look at the ASX 200 stocks taking out their previous 12-month records on Thursday.

Today is proving to be another good day on the market, with the celebrated index recording its fifth consecutive session of gains. Right now, the ASX 200 is 0.28% higher than where it ended Wednesday's trade.

And these ASX 200 stocks are helping to boost it higher.

3 ASX 200 stocks launching to new 52-week highs

Origin Energy Ltd (ASX: ORG)

The Origin share price is hitting another post-COVID-19 high on Thursday, launching 3.1% at its intraday high to trade at $6.89.

There's been no news to explain the ASX 200 energy producer and retailer's stock's gain. However, it's also a good day on the market for many of its peers.

Right now, the S&P/ASX 200 Energy Index (ASX: XEJ) is up 0.9% while the S&P/ASX 200 Utilities Index (ASX: XUJ) is up 2%.

Challenger Ltd (ASX: CGF)

The Challenger share price is also leaping to a new 52-week high of $7.52. That represents a 10.1% increase on its previous closing price.

The gain follows the release of the ASX 200 stock's quarterly update, which saw it in line to achieve the high end of its financial year 2022 guidance.

Challenger's home sector – the S&P/ASX 200 Financials Index (ASX: XFJ) – is also having a good day, gaining 1.2%.

APA Group (ASX: APA)

The final ASX giant reaching a new 12-month record on Thursday is APA.

After besting its previous 52-week high only yesterday, the APA share price is at it again.

It launched 2% at its highest point of Thursday to trade at $4.50 ­– the highest it's been since August 2020.

There hasn't been news from the ASX 200 energy infrastructure stock since February.

However, earlier this week Cooper Energy Ltd (ASX: COE) announced the pair had extended their transition agreement for the Orbost Gas Processing Plant to 30 June.

Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia owns and has recommended APA Group. The Motley Fool Australia has recommended Challenger 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 »