These ASX 200 shares just hit new 52-week highs

a person stands arms outstretched on the top of a mountain with a beautiful sunrise in the sky

a person stands arms outstretched on the top of a mountain with a beautiful sunrise in the sky

It’s looking like another dark day for the S&P/ASX 200 Index (ASX: XJO) and ASX 200 shares. At the time of writing, the ASX 200 Index has slipped by 0.61%, leaving it at under 7,350 points.

But not all ASX 200 shares are having a bad day this Thursday. In fact, some have even just hit new 52-week highs. Let’s discuss.

3 ASX 200 shares that have hit new 52 week highs today

Helia Group Ltd (ASX: HLI)

ASX 200 financial stock Helia is first up. Yesterday, Helia shares closed at $4.45 each. But the lenders’ mortgage insurance provider is currently up a rosy 1.01% at $4.50 a share, which happens to be Helia’s new 52-week high.

There’s not much in the way of news out from the company today that explains this new high. Saying that, Helia shares have been an exceptional investment in recent times, with the company up a whopping 62.9% over the past 12 months.

CSR Ltd (ASX: CSR)

ASX 200 construction materials manufacturer CSR is next up today. CSR shares tapped out at $6.69 apiece yesterday afternoon. But the company overcame a sluggish start this morning to push even higher.

At present, CSR is sitting at $6.70 a share but reached as high as $6.72 earlier today, the company’s new 52-week high.

There’s been no fresh news out of CSR either that might explain this new high. However, the company has been on a tear over the past month, ever since we discussed some insider buying from management actually. CSR shares are now up a rosy 30.3% over the past 21 months.

Netwealth Group Ltd (ASX: NWL)

Finally, let’s check out ASX 200 fund management company Netwealth. Netwealth shares finished up yesterday’s trading at $16.52 each. But the company has vaulted higher today, currently up a robust 1.03% at $16.69. Earlier this morning, Netwealth climbed up to $16.73 a share, which is the new 52-week high.

All has been quiet on the Netwealth news front as well. However, that hasn’t stopped the Netwealth share price from climbing more than 30% since October. The company is now up 19.9% over the past 12 months.

The post These ASX 200 shares just hit 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 positions in and has recommended Netwealth Group. The Motley Fool Australia has positions in and has recommended Netwealth Group. 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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