The S&P/ASX 200 Index (ASX: XJO) is back on form and roaring higher on Thursday.
At the time of writing, the benchmark index is up 0.95% to 7,890.6 points.
This follows a strong night on Wall Street driven by interest rate cut optimism. For example, the Dow Jones index rose 1.1%, the S&P 500 climbed 1%, and the Nasdaq stormed 1.2% higher. The latter two indices closed at new record highs.
Speaking of record highs, a number of ASX 200 shares are hitting new highs on Thursday. Let's take a look at a handful that are setting records for their lucky shareholders today:
Aristocrat Leisure Limited (ASX: ALL)
The Aristocrat Leisure share price is pushing higher again on Thursday. This has seen the ASX 200 gaming technology share reach a new high of $52.09. This stretches its 12-month return to an impressive 40%.
Commonwealth Bank of Australia (ASX: CBA)
The CBA share price has hit a new record high of $130.30 this morning. This means that the shares of Australia's largest bank are now up approximately 31% since this time last year. Incredibly, this is despite almost every major broker declaring this ASX 200 share as vastly overvalued at current levels.
REA Group Ltd (ASX: REA)
The REA Group share price has breached the $200 market for the first time. In morning trade, they have climbed to a record high of $200.50. The realestate.com.au operator's shares have risen 40% over the past 12 months.
Telix Pharmaceuticals Ltd (ASX: TLX)
The Telix Pharmaceuticals share price is on fire today thanks to some big news out of the United States. This has seen the radiopharmaceuticals company's shares rocket higher and reach a new high of $20.16. Telix shares are now up approximately 80% since this time last year.
Xero Ltd (ASX: XRO)
The Xero share price has continued its run and hit a new record high of $141.49. This latest gain means the cloud accounting platform provider's shares have risen around 19% over the last 12 months. Goldman Sachs thinks this run can continue. Earlier this month, its analysts reiterated their conviction buy rating with an improved price target of $180.00.
And the rest
Other ASX 200 shares that are scaling new heights today and making their shareholders smile are retail giant JB Hi-Fi Ltd (ASX: JBH), insurance broker Steadfast Group Ltd (ASX: SDF), and enterprise technology provider TechnologyOne Ltd (ASX: TNE).
