These 13 ASX 200 shares just hit new 52-week highs

MotleyFool
14 Feb

This Friday proved to be a positive end to the trading week for ASX 200 shares. The S&P/ASX 200 Index (ASX: XJO) ended the day with a 0.19% gain, leaving it at 8,555.8 points.

This week, we have seen prominent ASX 200 shares hit new 52-week highs on many occasions, and today was no different.

So, let's dive into the banker's dozen ASX 200 shares that hit new highs this Friday.

13 ASX 200 shares at new 52-week highs this Friday

Here are the lucky 13 ASX 200 shares that notched up new 52-week highs this session. Some of the names might be familiar by now:

ASX 200 stock
New 52-week high Closing
share price

Commonwealth Bank of Australia (ASX: CBA)

$167.92 $165.44

Wesfarmers Ltd (ASX: WES)

$79.43 $78.72

Aristocrat Leisure Ltd (ASX: ALL)

$77.50 $77.00

Xero Ltd (ASX: XRO)

$187.63 $185.66

Coles Group Ltd (ASX: COL)

$19.79 $19.71

Computershare Ltd (ASX: CPU)

$43.16 $42.51

SGH Ltd (ASX: SGH)

$55.12 $54.58

Evolution Mining Ltd (ASX: EVN)

$6.40 $6.34

ALS Ltd (ASX: ALQ)

$17.15 $16.81

HUB24 Ltd (ASX: HUB)

$82.70 $81.79

Bank of Queensland Ltd (ASX: BOQ)

$7.12 $7.05

EVT Ltd (ASX: EVT)

$12.50 $12.37

Bega Cheese Ltd (ASX: BGA)

$5.94 $5.89

*at the time of writing

What can we learn from these new 52-week highs?

Once again, it was a great day for ASX 200 bank shares, with CBA clocking yet another new record high. This one represents a mild improvement on the $167.61 record we saw hit just yesterday, but no doubt investors will be thankful regardless.

Instead of the other big four banks following suit this Friday, Bank of Queensland joins CBA at the party. This will no doubt vindicate this bank's long-suffering shareholders, although BOQ has remained down by more than 5% over the past five years.

The other ASX 200 stocks on the list are a bit of a mixed bag.

Financial services company Computershare makes the cut, although its investors would be used to that by now, given the rapturous reception its earnings report received this week.

Aristocrat Leisure might still be enjoying some positive sentiment following the broker love we discussed yesterday.

Blue chip Wesfarmers once again seems to be benefiting from a spurt of optimism in the lead-up to next week's earnings.

Meanwhile, Evolution is likely coat-tailing off of the galloping gold price, which, like CBA, can't seem to stop hitting new all-time highs.

We haven't heard any other big news from the other ASX 200 shares on this list, so perhaps these are just cases of a rising tide lifting many boats.

Let's see if this week's ASX 200 momentum continues into next week.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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