Friday, November 8, 2024

9 ASX 200 shares finishing FY24 on a 52-week high

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Scores of ASX 200 shares are finishing FY24 with a bang after reaching 52-week high prices today.

The S&P/ASX 200 Index (ASX: XJO) is currently up 0.39% on Friday and up 8.15% for the financial year.

Let’s take a look at nine stocks setting new price benchmarks for themselves today.

9 ASX 200 shares smashing new price highs

Macquarie Group Ltd (ASX: MQG)

The Macquarie share price hit a 52-week high of $207.57 on Friday. The ASX 200 bank share is up 16.8% over the past 12 months. There is no price-sensitive news from the financial major today.

Aristocrat Leisure Limited (ASX: ALL)

Aristocrat shares soared to an all-time record high of $50.30 in earlier trading. The ASX 200 gaming tech share is up 30.19% over the past year. The company has not released any price-sensitive news today.

Suncorp Group Ltd (ASX: SUN)

This ASX 200 banking and insurance share hit a 52-week high of $17.73. This followed news that the Federal Treasurer has approved the proposed acquisition of Suncorp’s banking division by Big Four bank ANZ Group Holdings Ltd (ASX: ANZ). Suncorp shares are up 28.38% over the past 12 months.

Origin Energy Ltd (ASX: ORG)

This ASX utilities share hit a 52-week high of $11.06 on Friday. Origin shares are up 30.77% over the past year. There is no price-sensitive news out of the electricity and gas provider today.

Insurance Australia Group Ltd (ASX: IAG)

The IAG share price reached a four-year high of $7.33 in earlier trading after the insurance giant announced a five-year reinsurance deal with a subsidiary of Warren Buffett’s Berkshire Hathaway Inc (NYSE: BRK.A) (NYSE: BRK.B). The ASX 200 insurance share has risen 25.4% over the past year.

Altium Ltd (ASX: ALU)

ASX 200 technology share Altium reached an all-time high of $68.11 today. The company has made no price-sensitive announcements on Friday. However, earlier in the week, Altium advised the market that most regulatory approvals for its potential takeover by Renesas Electronics Corp had been obtained. The ASX tech stock is up 86.92% over the past 12 months.

Bendigo and Adelaide Bank Ltd (ASX: BEN)

This regional bank stock hit a five-year high of $11.64. It has risen 34.5% over the past 12 months, the second-highest rate of growth (behind National Australia Bank Ltd (ASX: NAB) at 37.5%) among the seven ASX 200 bank shares. There was no price-sensitive news from Bendigo Bank today.

TechnologyOne Ltd (ASX: TNE)

This ASX 200 tech share hit an all-time high of $18.70 despite no price-sensitive news today. Technology One shares are up 20.82% over the past 12 months.

HUB24 Ltd (ASX: HUB)

Hub24 has not released any news today, but its shares have once again reset their all-time record high. In earlier trading, these ASX 200 shares reached $46.64 and are up 79.52% over the year.

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