ASX 200 High Flyers: These Stocks Hit Fresh Peaks in a Choppy Week

3 min read | July 28, 2025 04:17 PM AEST | By Team Kalkine Media

ASX 200 High Flyers: These Stocks Hit Fresh Peaks in a Choppy Week — Image source: Shutterstock

Industrial and Materials Names Continue to Shine

Industrial heavyweights remained a key contributor to the new highs list. Ventia Services Group (ASX:VNT), Monadelphous Group (ASX:MND), ALS (ASX:ALQ), Qube Holdings (ASX:QUB), and Downer EDI (ASX:DOW) all climbed to fresh peaks. This sector’s performance reflects continued infrastructure demand and positive contract momentum across the board.

Within materials, Newmont Corporation (ASX:NEM), which is part of the FTSE 100, soared following a strong quarterly update. Other resource-focused players including Orica (ASX:ORI), Lynas Rare Earths (ASX:LYC), Deterra Royalties (ASX:DRR), and Liontown Resources (ASX:LTR) also moved to new yearly highs. This performance suggests optimism in the mining space, potentially underpinned by solid operational execution and positive commodity market dynamics.

Technology Stocks Hold Momentum

Tech names continued their impressive stretch, with Life360 (ASX:360), Codan (ASX:CDA), and Megaport (ASX:MP1) hitting new heights. These names have benefitted from recurring revenue growth, product demand, and stronger outlooks. Life360 stood out for its exceptional upward trajectory over the past year, underscoring how investors are warming to scalable digital businesses with international reach.

Financial and Real Estate Firms Join the Rally

In financials, standout performers included Hub24 (ASX:HUB), Netwealth Group (ASX:NWL), and Challenger (ASX:CGF), continuing their upward movement. These companies have been gaining attention due to their robust funds under administration and consistent flow updates.

Real estate saw strong representation from Charter Hall Group (ASX:CHC) and Pexa Group (ASX:PXA). Pexa in particular posted a notable surge, showing resilience in the face of macroeconomic headwinds that have weighed on the broader property market.

Healthcare, Telecom, and Utilities Round Out the List

Healthcare name Resmed Inc (ASX:RMD) broke through to a new peak, suggesting renewed investor interest in the sector. Meanwhile, telecom players Telstra Group (ASX:TLS), EVT (ASX:EVT), and TPG Telecom (ASX:TPG) also found momentum. Origin Energy (ASX:ORG) stood out in the utilities space, continuing its recent upward trajectory.

Few Stocks Hit Lows

Interestingly, only two stocks from the entire ASX 200 touched fresh 52-week lows, reflecting limited downside pressure across the benchmark. This low breadth of weakness contrasts with the relatively wide representation of companies breaking higher, and highlights a market that is becoming increasingly selective rather than broadly bearish.

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