It was a great day for the All Ordinaries Index (ASX: XAO) this Wednesday. The All Ords ended up closing at 7,187.4 points, up a healthy 0.52% for the day.
But it was an even better day for quite a few All Ords shares. So let’s now go through three that have recorded new, 52-week and multi-year highs today.
3 All Ordinaries shares hitting multi-year highs today
QBE Insurance Group Ltd (ASX: QBE)
First up is QBE Insurance. QBE shares had a very strong start to the trading day, rising as high as $13.10 a share soon after market open. That was despite the QBE share price falling for most of the afternoon and finishing up at $12.92 by the end of the trading day.
That was despite no real news coming out of the insurance giant this Wednesday. $13.10 a share is QBE’s highest share price level since the pre-COVID highs of February 2020 when QBE was a $14 share.
Mader Group Ltd (ASX: MAD)
We had a rather strange day for this All Ords share. Mader Group started out strong this morning, rising to a new high of $3.85 after closing at $3.75 yesterday.
But investors seemed to have gotten cold feet over the rest of the day, with Mader Group finishing down by a meaty 3.7% at $3.61. Still, this is a new all-time record high for Mader, as well as a new 52-week high. All this despite no news out of the company whatsoever.
Mineral Resources Limited (ASX: MIN)
Last but certainly not least is All Ords mining company Mineral Resources. Mineral Resources had an exceptionally strong day. The company finished up at $82.70 a share this afternoon but rose as high as $83.07. Not only is that a new 52-week high for Mineral Resources, but another all-time record high.
Again, there is nothing out of the company itself. But lithium shares, of which Mineral Resources is often associated with, had a strong day overall as well.
The post 3 ASX All Ordinaries shares that hit multi-year highs today appeared first on The Motley Fool Australia.
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More reading
- Here are the top 10 ASX 200 shares today Â
- 3 ASX All Ords shares cracking new 52-week highs on Tuesday
- Here are the top 10 ASX 200 shares today
- Why are ASX lithium shares smashing the market today?
- Planes, rains and automobiles: Fund names 3 ASX shares to back right now
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 Mader Group Limited. The Motley Fool Australia has positions in and has recommended Mader Group Limited. 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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