3 ASX All Ordinaries shares rocking new 52-week highs on Wednesday

Three stocks in the S&P/ASX All Ordinaries Index (ASX: XAO) have reached new 52-week highs today.

This comes on a day when the All Ords Index finished 0.55% in the red and the S&P/ASX 200 Index (ASX: XJO) also finished down 0.53%.

The companies are spread across two sectors — healthcare and real estate. Their share prices also defied the downward movement in their respective sectors today.

The S&P/ASX 200 Health Care Index (ASX: XHJ) closed down 1.49% and the S&P/ASX 200 Real Estate Index (ASX: XRE) finished 0.74% lower.

Let’s check which ASX companies recorded 52-week highs this Wednesday.

Mayne Pharma Group Ltd (ASX: MYX)  

The Mayne Pharma share price closed 4.41% higher today at 35.7 cents after hitting an intraday high of 42.5 cents just after market open. Today, the pharmaceutical company announced it was selling its Metrics Contract Services business in the US for $679 million.

Today’s movement continued the gains the share price made on Monday when Mayne Pharma announced it had received US Food and Drug Agency approval for a hormonal contraceptive ring. The company’s stock closed 1.5% higher on that news.

Sigma Healthcare Ltd (ASX: SIG) 

Another ASX healthcare share has reached a new 52-week high today. Sigma Healthcare shares closed up 2.19% at 70 cents each, reaching a high of 70.5 cents in intraday trading. The movement came on no new announcements from the company.

The rally in the pharmacy franchise company’s shares started after the stock hit a six-month low in May. More recently, Sigma’s share price has gained an impressive 11% over the last two trading sessions.

Vicinity Centres (ASX: VCX) 

Finally today, this retail property group’s share price has closed flat at $2.11 after hitting its 12-month high of $2.12 in intraday trade on Wednesday. No news emerged from the company today, suggesting its fundamentals are unchanged but its shares are rallying.

Vicinity Centres shares have gained 12.5% over the last month. 

The post 3 ASX All Ordinaries shares rocking new 52-week highs on Wednesday appeared first on The Motley Fool Australia.

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More reading

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• Mayne Pharma share price rockets 25% on $680 million payday
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Motley Fool contributor Matthew Farley 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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