3 ASX All Ordinaries shares celebrating Friday with new 52-week highs

It’s proving to be a rather flat end to the trading week for the All Ordinaries Index (ASX: XAO) so far this Friday. At the time of writing, the All Ords has lost a meaty 0.62% and is back down to around 7,280 points.

But this gloom is certainly not extending to all corners of the share market. In fact, there are a few ASX All Ords shares that are knocking up new 52-week highs today. Let’s go through some of them.

3 ASX All Ords shares hitting new 52-week highs today

NRW Holdings Limited (ASX: NWH)

Mining construction company NRW is our first All Ords share to check out today. This company has had a pretty pleasing day of trading so far this Friday. it’s presently up a healthy 0.88% at $2.28 but rose as high as $2.30 earlier this afternoon. That is NRW’s new 52-week high.

Now we haven’t gotten any fresh news out of the company that might explain this new high. But NRW has been on the rise ever since reporting its results for the 2022 financial year back on 4 August. This included a guidance upgrade, so it’s not hard to see why investors are excited.

Pacific Current Group Ltd (ASX: PAC)

Fund manager advisory company Pacific Current Group is next up. This All Ords share has had an even better trading session so far today. The Pacific Current share price is currently up a pleasing 5.93% at $8.58 a share.

But we saw this share price rise even more enthusiastically this morning, going as high as $8.77 – the new 52-week high. It’s hard to see what might be sparking this rise, since there is again no fresh news out from Pacific Current since 29 July.

GR Engineering Services Ltd (ASX: GNG)

GR Engineering is our final ASX All Ords share to check out today. This company is… well, it’s all in the name really. It provides engineering services mainly to the mining and construction industries. GR Engineering shares are currently up a robust 1.72% at $2.36 a share.

But we saw this share climb as high as $2.39 this morning, which is, you guessed it, the company’s new 52-week high. No new announcements out here either, but this seems to be an extension of the incredible run GR Engineering has been on since late June.

Since 28 June, the company has gained close to 40%. That coincides with that is evidently a well-received guidance update for the 2022 financial year.

The post 3 ASX All Ordinaries shares celebrating Friday with new 52-week highs appeared first on The Motley Fool Australia.

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Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. 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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