2 ASX All Ordinaries shares hitting multi-year highs on Monday

More interestingly, they've hit long-forgotten heights without uttering a single word.

| More on:

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

It's a rough day for the All Ordinaries Index (ASX: XAO), but two of the shares that call it home are having a party.

They've soared as much as 9% today to hit new multi-year, or all-time, highs. Meanwhile, the benchmark index has slipped 0.34% at the time of writing.

So, without further ado, here are the All Ordinaries shares leaping to long-forgotten highs on Monday.

A group of friends party and dance in the desert with colourful confetti all around them.

Image source: Getty Images

2 ASX All Ordinaries shares trading at their highest in years

The share price of department store operator Myer Holdings Ltd (ASX: MYR) is leaping on Monday despite the company's silence.

It is sitting at a high of 74 cents at the time of writing – marking a 10.5% gain on the previous close and its highest point since April 2019.

The latest happening was the company's appointment of Terrence McCartney to its board earlier this month. McCartney was nominated to join the board by major Myer shareholder Premier Investments Limited (ASX: PMV), headed by Solomon Lew.

At its annual general meeting (AGM) last fortnight, Myer also revealed the first 13 weeks of financial year 2022 was its best start to a fiscal year on record.

Another All Ordinaries share hitting multi-year highs on Monday is Supply Network Limited (ASX: SNL). Indeed, stock in the aftermarket automotive parts supplier reached its highest level ever earlier today.

It soared 5.8% to trade at a record $12.18 at its intraday high before sliding back down again. Right now, Supply Network shares are trading just 0.78% higher at $11.60.

Interestingly, there's been no news from the company this month. The last time the market heard price-sensitive news from the stock was way back in August.

Then, it dropped its audited results for the 12 months ended 30 June, posting a 22% year-on-year jump in revenue and a 44.6% increase in after-tax profits, coming in at $198.5 million and $20 million, respectively.

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 positions in and has recommended Supply Network Limited. The Motley Fool Australia has positions in and has recommended Supply Network Limited. The Motley Fool Australia has recommended Premier Investments Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on 52-Week Highs

Children skipping and jumping up a hill.
52-Week Highs

QBE shares just hit a decade high. Is it too late to buy?

QBE shares just hit decade highs after a strong start to 2026.

Read more »

A team of people giving the thumbs up sign.
52-Week Highs

Transurban, Aurizon, Ampol shares hit fresh multi-year highs: Buy, sell or hold today?

These ASX 200 shares have significantly outpaced the index so far in 2026.

Read more »

Hand of a woman carrying a bag of money, representing the concept of saving money or earning dividends.
52-Week Highs

Can these ASX shares hitting 52-week highs keep rising?

It could be time to take profits on these winning stocks.

Read more »

An older couple enjoying their retirement come together in their warm heated home with fire cracker sparklers.
52-Week Highs

These ASX stocks have hit the ground running in June – can they keep rising?

Where to next for these red hot shares?

Read more »

A young woman raises her hands in joyful celebration as she sits at her computer in a home environment.
52-Week Highs

3 top ASX shares at 52-week highs I'd still buy

A 52-week high should not automatically scare investors away if the business still has room to improve over time.

Read more »

Man smiling on top of rocks with mountains in the background.
52-Week Highs

Are these ASX shares a buy, hold or sell after hitting fresh 52-week highs?

Is there any upside left for these shares?

Read more »

Digital rocket on a laptop.
52-Week Highs

Up 300% in a year, this ASX tech stock just hit its highest level since 2023

Investors are chasing this ASX tech stock after a stunning rally.

Read more »

Three small children reach up to hold a toy rocket high above their heads in a green field with a blue sky above them.
52-Week Highs

Which of these ASX shares hitting record highs is the best buy right now?

These ASX shares are red hot.

Read more »