Big Wednesday: 12 ASX 200 stocks cracking new 52-week highs

The S&P/ASX 200 Index (ASX: XJO) is having a bumpy, yet still positive, day so far during this Wednesday’s trading. At the time of writing, the ASX 200 has gained a tentative 0.11%.

But some ASX 200 shares are convincingly outperforming the market today. In fact, we’ve seen a flurry of new 52-week highs this Wednesday on the ASX. Let’s go through not five, not 10, but 12 ASX 200 shares that have just clocked new 52-week highs.

These ASX 200 shares are at new 52-week highs today

Here are the 12 ASX 200 shares that have seen new 52-week highs today:

• Wesfarmers Ltd (ASX: WES) – Wesfarmers shares have sunk into the red at present. But earlier this morning, the ASX 200 conglomerate rose as high as $51.94 a share.
• Telstra Group Ltd (ASX: TLS) – the famous ASX 200 telco Telstra has also scaled new heights today. After several new highs over the past week, Telstra has once again hit a new high watermark for the past 12 months, going as high as $4.30 during today’s trading.
• REA Group Ltd (ASX: REA) – ASX 200 real estate company REA Group is another ASX 200 share having a great time this Wednesday. REA shares clocked $142.34 this afternoon, which is the company’s new 52-week high.
• Cochlear Limited (ASX: COH) – Healthcare leader Cochlear is next up. This company, famous for its hearing assistance devices, has had a bouncy day. But that hasn’t stopped it from nailing a new 52-week high of $243.94 a share today.
• Fisher & Paykel Healthcare Corporation Ltd (ASX: FPH) – This is another ASX 200 share that has seen more than one new high in recent days. But today’s session has raised the bar, with Fisher & Paykel hitting a high of $25.30 a share this morning.
• Qantas Airways Limited (ASX: QAN) – Another famous ASX 200 share, Qantas is our next company soaring to new heights. Qantas lifted to $6.94 a share this morning, although investors have since cooled their jets and sent the shares lower.

Six more stocks making investors happy

• Washington H. Soul Pattinson and Co Ltd (ASX: SOL) – Investing house Soul Patts is another stock feeling the love this Wednesday. Soul Patts shares have also hit a few new highs of late. But today’s benchmark is $31.11 a share for the company.
• Steadfast Group Ltd (ASX: SDF) – Insurance company Steadfast has seen its shares inch higher this session as well. The company closed at $5.93 a share yesterday but clocked a new high of $5.99 just after lunchtime.
• Viva Energy Group Ltd (ASX: VEA) – Oil refiner and service station operator Viva is another ASX 200 share that has seen its share price rocket this Wednesday. Viva shares are currently up more than 4% and hit a new 52-week high of $3.26 a share soon after market open.
• Technology One Ltd (ASX: TNE) – Next we have ASX 200 tech share TechnologyOne. TechnologyOne shares are having a top day today, and rose to a new high of $15.28 mid-morning. The company is now up more than 30% over just the past six months.
• Perseus Mining Ltd (ASX: PRU) – ASX 200 gold shares have been on fire of late, and Perseus is no exception. The gains continue for the company today, with Perseus climbing to a new 52-week high of $2.43 this morning.
• Webjet Limited (ASX: WEB) – Our twelfth and final ASX 200 share to look at today is travel company Webjet. Webjet shares have had a bouncy day, but still managed to hit a new 52-week high of $7.35 a share during this Wednesday’s session.

The post Big Wednesday: 12 ASX 200 stocks cracking new 52-week highs appeared first on The Motley Fool Australia.

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More reading

• Why Core Lithium, Red 5, Seek, and Viva Energy shares are storming higher
• Why did the Wesfarmers share price just smash a new 52-week high?
• The RBA has paused. What can ASX 200 investors expect for the rest of 2023?
• Is right now a once-in-a-decade opportunity to buy CBA shares?
• 5 steps to making $500 in monthly passive income in 2023

Motley Fool contributor Sebastian Bowen has positions in Telstra Group and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Cochlear, Steadfast Group, Technology One, and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia has positions in and has recommended Steadfast Group, Telstra Group, Washington H. Soul Pattinson and Company Limited, and Wesfarmers. The Motley Fool Australia has recommended Cochlear, REA Group, and Technology One. 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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