The ASX All Ords is 0.48% in the red in afternoon trading, currently at 7,489.6 points.
But some ASX stocks are going their own way on Tuesday.
Here are three companies setting new 52-week share price highs today.
The ASX All Ords shares hitting new highs
CSR Limited (ASX: CSR)
Shares in building products supplier CSR reached a 52-week high of $6.10 today. The last price-sensitive news out of CSR came on 4 July when it announced an acquisition. CSR has bought long-standing client Woven Image, a designer and manufacturer of sustainable acoustic solutions for walls and ceilings, for $43 million. The purchase was completed last Friday. The ASX All Ords share is up 38% in 12 months.
Air New Zealand Limited (ASX: AIZ)
ASX travel share Air New Zealand smashed a new 52-week peak of 77 cents today. The latest major news out of the company was its FY23 results on 24 August. Air New Zealand reported a net profit after tax (NPAT) of $412 million vs. a loss of $591 million in the COVID-impacted FY22. The ASX All Ords share is up 28% over the past 12 months.
Emerald Resources NL (ASX: EMR)
ASX gold mining share Emerald Resources hit a new 52-week high of $2.55. The most recent price-sensitive news came yesterday when Emerald Resources released its supplementary bidder's statement. This pertains to its off-market takeover offer for the unlisted gold miner Bullseye Mining Limited, which it announced on 27 July. The ASX All Ords share is up 118.5% in 12 months.
