The S&P/ASX 300 Index (ASX: XKO) has had a positive start to this Tuesday's trading session, shaking off the negative we saw yesterday. At the time of writing, the ASX 300 has gained a rosy 0.62%, putting the index back above 7,000 points.
But there are a few ASX 300 shares that are doing even better than that and have just inked fresh new 52-week highs.
Let's discuss them.
Four ASX 300 shares at new 52-week highs today
United Malt Group Ltd (ASX: UMG)
First up is ASX 300 maltster United Malt Group. The United Malt Group share price has gained a tentative 0.3% so far this Tuesday, putting the company at $4.98 a share. Earlier this morning, we saw those shares climb to $4.99, which is the new 52-week high for United Malt.
This latest new high comes after United Malt confirmed this morning that the scheme of arrangement that will see the company be acquired by the French maltster Malteries Soufflet SAS is now effective. This will see United Malt shares depart the ASX forever tomorrow morning. So this looks like a last hurrah from United Malt investors today. What a way to go out.
Hub24 Ltd (ASX: HUB)
Next up is ASX 300 tech share Hub24. Hub24 shares are doing very well indeed today, currently up a healthy 3.58% to $34.30 each. But this morning, we saw those same shares climb as high as $35.51, the new 52-week high for Hub24.
This move looks like it has been inspired by the company's latest quarterly update, which was also released this morning. Hub24 reported a 34.7% increase in net inflows to $2.8 billion for the quarter ending 30 September.
Investors seem impressed with the news, judging by the share price reaction.
Aussie Broadband Limited (ASX: ABB)
Our next ASX 300 stock worth checking out is telco Aussie Broadband. The Aussie Broadband share price is currently up a decent 2.68% to $4.21 a share. But this morning, we saw Aussie Broadband shares hit a new 52-week high of $4.29.
Unlike the other stocks so far, there hasn't been any fresh news out of Aussie Broadband recently. However, this company's shares have been on a major tear this year, and are now up more than 62% year to date.
News Corporation (ASX: NWS)
Finally, Rupert Murdoch's News Corp is another ASX 300 share that has just minted a fresh new 52-week high. News Corp shares are currently enjoying a rise of 4.03%, putting the company at $35.60 a share. But we saw News Corp shares breach $36 a share this morning, inking a new 52-week high of $36.03.
Again, there's (slightly ironically) been no fresh news out of News Corp today, or recently. But again, this company has been on quite the run in 2023 and is now up almost 32% year to date.
