7 ASX 200 shares that just smashed new record highs

In a topsy-turvy day for the ASX 200, these stocks have ascended to new price milestones.

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S&P/ASX 200 Index (ASX: XJO) shares were heading north in early trading on Tuesday before reversing course.

The index is now down 0.41% following news that the US President-Elect Donald Trump will impose new tariffs on China, Canada, and Mexico as soon as he takes office in January next year.

Amid the benchmark's topsy-turvy movements, these seven ASX 200 shares have smashed new records, despite no price-sensitive news from any of the companies.

Let's check them out.

Three people with gold streamers celebrate good news.

Image source: Getty Images

7 ASX 200 shares breaking new ground on Tuesday

Pro Medicus Limited (ASX: PME)

This ASX 200 healthcare share hit an all-time high of $234.39 on Tuesday.

Whilst there were no updates from the company today, Pro Medicus did hold its annual general meeting yesterday and released a new presentation.

At the AGM, Pro Medicus chair Peter Kempen said, "the Board anticipates FY25 will be another strong year." 

Pro Medicus shares are trading at $231.27 now, up 1.59% today thus far. The stock has risen by an astonishing 140% in the year to date.

REA Group Ltd (ASX: REA)

The REA share price ascended to a new all-time high of $251.99 on Tuesday.

The ASX 200 communications share is now trading at $250.31 apiece, up by 0.78% today and around 36% in 2024.

JB Hi-Fi Ltd (ASX: JBH)

The JB Hi-Fi share price just keeps on skyrocketing.

Today, the ASX 200 consumer discretionary share hit a record high of $91.32 apiece.

JB Hi-Fi shares are currently changing hands for $90.95, up 0.54% today and almost 67% in 2024.

Qantas Airways Limited (ASX: QAN)

The Qantas share price surged to a new all-time record of $9.05.

As with today's other high achievers, the company has not released any price-sensitive news today.

However, my colleague Bernd reports that Kelli Meagher, a portfolio manager at Sage Capital, thinks Qantas shares could be a good investment despite its recent share price surge.

Meagher said:

Unlike the other travel names, the airline has had a stellar run – up 50% since August. The series of Senate enquiries, customer service issues and bad press it faced last year appear to be dealt with.

The ASX 200 travel share is currently trading at $8.94, up 0.9% today and around 67% in the year to date.

SGH Ltd (ASX: SGH)

Stock in this industrial services, energy and media company hit an all-time high of $49.57 today.

Formerly known as Seven Group Holdings, the SGH share price is now $49.49, up by 1.06% for the day so far and around 23% in the year to date.

Goodman Group (ASX: GMG)

This ASX 200 real estate sector's largest share continues on a juggernaut.

The Goodman share price hit an all-time high of $38.35 today.

Meantime, my colleague James reported earlier today that top broker Morgan Stanley sees more price growth ahead for this ASX 200 property share.

This is mainly due to the company's exposure to the artificial intelligence (AI) megatrend through its data centre assets and further developments in the pipeline.

The broker has an overweight rating on Goodman Group with a 12-month share price target of $42.40.

The real estate investment trust (REIT) is now trading at $38.13, up 0.85% for the day and around 51% this year.

HMC Capital Ltd (ASX: HMC)

The HMC Capital share price peaked at $12.35 on Tuesday, a new all-time high for the specialist property investment fund manager.

HMC is one of few ASX 200 financial shares in the green today.

The S&P/ASX 200 Financials Index (ASX: XFJ) is one of only three market sectors in the red on Tuesday, down 1.47% at the time of writing.

Like Goodman Group, this ASX 200 share is also benefitting from its exposure to data centre assets.

The fund manager recently conducted a $300 million institutional capital raise to buy Sydney data centre owner Global Switch Australia.

The data centre will be a seed asset for HMC's Global DigiCo Platform.

As we recently reported, Wilson Asset Management analyst Shaun Weick reckons the Global Switch buy "provides a solid exposure to the burgeoning data centre market".

Weick said:

HMC Capital's management team is also looking at further data centre opportunities in the US and we expect these acquisitions, along with Global Switch, to drive earnings and valuation growth over the coming years.

The HMC share price is currently $12.33, up 1.07% today and almost 102% in 2024.

Motley Fool contributor Bronwyn Allen has positions in Goodman Group. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Goodman Group. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has recommended Pro Medicus. The Motley Fool Australia has recommended Goodman Group, HMC Capital, Jb Hi-Fi, and Pro Medicus. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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