Table of Contents
52-Week Series Recap: S&P/ASX 200 Stock Performance
Overview
In our latest instalment of the 52-Week Series, we analyse the S&P/ASX 200 stocks that have reached new yearly highs and lows in the past week, an important indicator for recognising emerging trends in different sectors.
Understanding the Trends
When a substantial number of stocks within a sector achieve new highs or lows, it often signals significant underlying factors. These may include fluctuations in commodity prices, shifts in demand – such as the rise of AI, transitions into more defensive sectors, or variations in earnings performance.
Sector Performance: 52-Week Highs and Lows
- Real Estate: 12 Highs, 0 Lows
- Industrials: 9 Highs, 0 Lows
- Financials: 8 Highs, 1 Low
- Discretionary: 7 Highs, 1 Low
- Materials: 6 Highs, 2 Lows
- Telecommunications: 3 Highs, 0 Lows
- Technology: 2 Highs, 0 Lows
- Utilities: 2 Highs, 1 Low
- Health Care: 1 High, 1 Low
- Energy: 1 High, 1 Low
- Staples: 1 High, 1 Low
Data Insights
- Market Uplift: A remarkable 26% (52 stocks) of the S&P/ASX 200 reached fresh highs. The Australian market surpassed 9,000 points for the first time, with year-to-date returns significantly improving.
- Sector Performance: Defensive sectors such as Staples, Healthcare, and Utilities lag behind, while the Real Estate sector benefitted greatly from increasing expectations of interest rate cuts, alongside the Discretionary and Financials sectors.
- Industrial Sector Highlights: Stocks like Brambles, Monadelphous, Downer, and Transurban have reported encouraging results, strengthening confidence in Industrials.
- Big Four Banks: Positive momentum for ANZ, Westpac, and NAB contrasts with CBA’s performance, which is down approximately 10% from an all-time high in June.
ASX 200 Highlights: New Highs
Real Estate Stocks
| Ticker | Company | Close | 1 Week Change | 1 Year Change |
|---|---|---|---|---|
| CHC | Charter Hall Group | $23.42 | +6.4% | +75.3% |
| SGP | Stockland | $6.40 | +12.7% | +73.4% |
| SCG | Scentre Group | $3.97 | +3.9% | +38.8% |
| VCX | Vicinity Centres | $2.61 | +3.6% | +37.7% |
| GPT | GPT Group | $5.54 | +5.1% | +31.3% |
Industrials Stocks
| Ticker | Company | Close | 1 Week Change | 1 Year Change |
|---|---|---|---|---|
| QAN | Qantas Airways | $11.30 | -2.8% | +132.5% |
| BXB | Brambles | $25.97 | +11.8% | +105.1% |
| VNT | Ventia Services Group | $5.54 | +0.7% | +100.7% |
Financials Stocks
| Ticker | Company | Close | 1 Week Change | 1 Year Change |
|---|---|---|---|---|
| HUB | Hub24 | $109.34 | +0.5% | +329.8% |
| ZIP | Zip | $3.75 | +15.7% | +294.7% |
| NWL | Netwealth Group | $36.22 | -2.5% | +162.8% |
Discretionary Stocks
| Ticker | Company | Close | 1 Week Change | 1 Year Change |
|---|---|---|---|---|
| JBH | JB HI-FI | $118.09 | +1.4% | +185.1% |
| NCK | Nick Scali | $23.51 | +5.0% | +113.3% |
| WES | Wesfarmers | $94.63 | +5.9% | +98.6% |
Stocks at 52-Week Lows
| Ticker | Company | Close | Sector | 1 Week Change | 1 Year Change |
|---|---|---|---|---|---|
| AGL | AGL Energy | $8.57 | Utilities | -1.6% | +8.1% |
| AMC | Amcor PLC | $13.33 | Materials | -2.0% | -27.1% |
| CSL | CSL | $216.60 | Health Care | -19.9% | -25.3% |
Conclusion
Following the market’s notable gains, particularly within sectors such as Real Estate, Industrials, and Financials, investor sentiment remains cautiously optimistic. Understanding these trends is critical for honing investment strategies, particularly as the market anticipates potential shifts in economic conditions.
