Three S&P/ASX 200 Index (ASX: XJO) stocks are setting the bar high this week.
In late afternoon trade on Friday, the ASX 200 is down 0.2% for the week.
But don't point the finger of blame at these three outperformers.
So, which stocks are charging higher this week even as the benchmark retraces?
Read on!
ASX 200 stocks leaping higher in a slipping market
The first outperforming ASX 200 stock on our list is Regis Resources Ltd (ASX: RRL).
Shares in the Aussie gold miner closed last Friday at $3.06. At the time of writing, they are changing hands for $3.29 apiece.
That sees the Regis Resources share price up 7.5% this week, with shares now up 67% in a year.
Longer term, Regis Resources has been benefiting from a soaring gold price, with the yellow metal notching new all-time highs earlier this week.
The ASX 200 stock also looks to have gotten a boost from Monday's announcement that it has established a $300 million Revolving Credit Facility.
Regis Resources chief financial officer Anthony Rechichi noted:
We were very pleased with the demand and level of support we received for this facility and the terms of this facility are competitive and are underpinned by our strong business fundamentals and attractive outlook.
We now have an expanded banking syndicate, consisting of numerous very highly regarded banks with significant experience within the natural resources sector.
Which brings us to our second outperforming ASX 200 stock of the week, Collins Foods Ltd (ASX: CKF).
Shares in the KFC franchisee operator closed last Friday at $7.54 and are currently trading for $8.50. That sees the Collins Food share price up 12.7% for the week with shares surging higher today.
Longer term, shares remain down 26% over 12 months. Collins Food shares also trade on a fully franked dividend yield of 3.1%.
The big move higher may be driven by bargain hunters, with Collins Food hitting 52-week lows in mid-January.
Racing ahead of the pack
Moving to the top-performing ASX 200 stock of the week on my list, we have Domino's Pizza Enterprises Ltd (ASX: DMP).
Domino's shares closed last Friday at $30.09 and are now trading for $36.19 apiece. This sees the Domino's share price up a whopping 20.2% over the week.
Shares in the fast food pizza retailer remain down 9% since this time last year, with the stock also trading on a 2.9% unfranked trailing dividend yield.
Most all of the big gains for the Domino's share price are being realised today.
Investors are reacting very positively to the ASX 200 stock's trading update.
The company indicated that it is likely to meet its profit guidance for the half-year, with profit before tax forecast to fall between $84 million and $86 million.
Domino's said it is continuing to target cost efficiency and strategic growth.
