5 ASX 200 stocks marching higher this week even as the market sinks

These five ASX 200 companies are shrugging off the broader selling to march higher this week.

It's shaping up to be a rough week for the S&P/ASX 200 Index (ASX: XJO), though that hasn't kept these five ASX 200 stocks from posting solid gains.

With around four hours of trade left before the closing bell, the benchmark Aussie index is down 2.6% since last Friday's close.

So, which ASX 200 stocks have shrugged off the broader sell-off to march higher?

Read on!

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Image source: Getty Images

Five ASX 200 stocks gaining in this week's falling market

The first ASX 200 stock that looks set to finish the week well in the green is Bega Cheese Ltd (ASX: BGA).

Shares in the dairy processor and food manufacturer closed last Friday trading for $5.30. At the time of writing, shares are changing hands for $5.48 apiece. That brings the Bega Cheese share price up 3.4% over the week.

This week's outperformance is in line with the strong upward trend in 2024. Year to date, the Bega Cheese share price is up 56%. And that's not including the 8 cents a share in fully franked dividends eligible stockholders will have received over the year.

Arena REIT (ASX: ARF) is the second ASX 200 stock to shrug off the sinking market this week.

Shares in the real estate investment trust closed last week at $3.79 and are currently at $3.89 each. That puts the Arena share price up 2.6% over the week. Shares are up 5.3% in 2024, not including the 17.5 cents a share in unfranked dividends Arena has doled out over the past 12 months. The REIT pays quarterly dividends.

Moving on to our third outperformer of the week, we have Transurban Group (ASX: TCL).

Shares in the toll road developer and operator closed last Friday at $12.73. At the time of writing today, those same shares are trading for $13.34, up 4.8%.

The Transurban share price remains down 3.3% year to date, not including the 62 cents in unfranked dividends the company paid out over the year.

ASX 200 stock PEXA Group Ltd (ASX: PXA) also posted gains this week despite the sinking market.

Shares in the online property exchange network operator closed out last week at $12.39. Shares are currently changing hands for $13.00 apiece, up 4.9%.

PEXA shares are now up 20.4% this year. The company does not pay dividends at this time. The stock gained 8.2% on Tuesday after PEXA announced the appointment of Russell Cohen as its new CEO commencing on 31 March 2025.

Rounding off our list of five ASX 200 stocks marching higher this week even as the market sinks is SiteMinder Ltd (ASX: SDR).

Shares in the hotel management technology provider closed last week trading for $5.82. At the time of writing today, shares are swapping hands for $6.30 each, up 8.2%.

SiteMinder shares are now up 22.8% in 2024. The company does not pay dividends at this time.

After two weeks of losses, the ASX 200 remains up 6.1% this year.

Motley Fool contributor Bernd Struben 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 PEXA Group, SiteMinder, and Transurban Group. The Motley Fool Australia has positions in and has recommended SiteMinder. 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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