It’s looking like yet another positive day for ASX shares and the S&P/ASX 200 Index (ASX: XJO) so far this Thursday. At present, the ASX 200 is up another 1.16%, putting the index at just under 7,280 points.
But it’s been an even more exciting day for more than a few ASX 200 shares. So let’s discuss five such shares that have just hit new 52-week highs this session.
BHP amongst ASX 200 shares smashing new highs today
First up is BHP Group Ltd (ASX: BHP). BHP shares hit a new record high just yesterday. But clearly, investors weren’t done with showering the ASX 200’s largest company with glory.
BHP has again climbed to fresh new highs today, hitting $49.50 just after midday. Investors probably have soaring iron ore prices to thank for this optimism.
Another ASX 200 resources share in Northern Star Resources Ltd (ASX: NST). This gold miner has been on fire lately, thanks largely to rising precious metal prices, and is up an extraordinary 70% or so since late September.
Today, Northern Star shares hit a new 52-week high of $12.13 just before midday.
A change of pace now, let’s look at Lifestyle Communities Ltd (ASX: LIC). This residential property company has also had a fantastic couple of months, increasing its value by a third since September. That trend continues this Thursday, with Lifestyle Communities shares hitting a new 52-week high of $20.19 a share.
ASX travel shares soar
ASX 200 travel shares are having a dream run today as well. And one of the obvious winners is the Webjet Limited (ASX: WEB) share price. Webjet shares are booming today and hit a new 52-week high of $6.59 each this afternoon.
The company still has a long way to go before it reaches its pre-COVID highs in the $9 to $10 range. But today’s new high is still a big moment for Webjet, which is now more than 160% above its 2020 lows of around $2.50 a share.
Another ASX 200 travel share flying high today is Qantas Airways Limited (ASX: QAN). Qantas shares soared to a new high watermark of $6.45 each this morning â a new post-COVID high for the national carrier.
Again, Qantas isn’t quite back to its pre-COVID levels of over $7 a share, but this is still a big win for investors. Perhaps investor optimism over the reopening of China is at play with both Qantas and Webjet right now.
The post 5 ASX 200 shares smashing new, 52-week highs on Thursday 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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