The S&P/ASX 200 Index (ASX: XJO) is on a roll today, and so are four shares that call it home.
They’ve each shot up to reach new 52-week highs on Friday.
Right now, the ASX 200 is up 0.89%, trading at 7,345 points.
Let’s take a look at some of its constituents making the most of their day in the green.
Which ASX 200 shares have hit long-forgotten highs today?
The first ASX 200 share posting a new 52-week high today is also the market’s biggest participant, BHP Group Ltd (ASX: BHP).
The ASX 200 mining giant soared to $49.92 earlier today – a new record high and a 1.1% increase on its previous closing price.
Its gains came amid a good session for the S&P/ASX 200 Materials Index (ASX: XMJ). The sector is up 0.65% right now amid Goldman Sachs’ broadly bullish outlook for the sector.
BHP shares are joined in the green by Northern Star Resources Ltd (ASX: NST) stock.
The ASX 200 gold producer’s share price launched 2.6% earlier today to a near-two-year-high of $12.32.
It came after gold futures hit their highest point since May 2022, reaching US$1,898.80 an ounce overnight.
Soaring to join the miners at a new 52-week high is Aussie icon Qantas Airways Limited (ASX: QAN).
The Qantas share price took off this morning, climbing 1.6% to $6.52. That leaves the ASX 200 airline share nearly on par with where it was in February 2020 – arguably a milestone in the company’s pandemic recovery.
It’s also the third consecutive day in which the stock surpassed its previous 12-month high.
Also posting a third consecutive 52-week high is fellow ASX 200 travel share Webjet Limited (ASX: WEB).
Shares in the online travel agent leapt 1.5% to peak at $6.69 this morning.
Though, that’s still 32% lower than it was before the onset of the pandemic.
