ASX 200 stocks hitting fresh 52-week highs and lows – Week 45

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Welcome back to the 52-Week Series, where we recap the S&P/ASX 200 stocks that have hit fresh yearly highs and lows over the past week. Tracking this data point helps identify emerging trends across various stocks and sectors.When clusters of stocks within a sector reach new highs or lows, it often points to meaningful underlying drivers such as shifting commodity prices, changing demand patterns (such as AI, pivots into defensive sectors, consumer weakness etc), or companies beating/missing earnings expectations.52-Week Highs and Lows by SectorMaterials: 8 Highs, 0 LowsFinancials: 5 Highs, 2 LowsReal Estate: 4 Highs, 0 LowsIndustrials: 3 Highs, 0 LowsEnergy: 2 Highs, 0 LowsTechnology: 2 Highs, 0 LowsUtilities: 1 High, 0 LowsDiscretionary: 1 High, 1 LowHealth Care: 0 Highs, 2 LowsStaples: 0 Highs, 1 LowTelecommunications: 0 Highs, 0 LowsWhat Does the Data Tell Us?Resources still strong: Not a single gold miner made a fresh 52-week high after the recent pullback from US$4,440 to US$4,000. But as the gold sector takes a breather, we're seeing several other (and more important) stocks climb back to fresh yearly highs. That includes the three iron ore heavyweights (BHP, Rio Tinto and Fortescue) as well as key lithium names like Pilbara Minerals and MinRes. The S&P/ASX 200 Materials Index is currently ~2.5% off its 21-Oct record high, but a broadening rally to include heavyweight iron ore could deliver further strength for the resource sector.Subdued elsewhere: Outside of miners, the week was relatively quiet. The broader market pulled back slightly on last Wednesday's hot inflation report, which explains why REITs managed to hit a fresh 52-week high earlier in the week but finished in negative territory. The ASX 200 has mostly traded between 8,700 and 9,100 for the past four months, resulting in few stocks making fresh highs or lows. On the company-specific front, it was interesting to see Whitehaven Coal make a 52-week high despite the battered coal sector, while a few reporting season casualties from August (notably Ebos and Inghams) have continued to spiral lower.A side note: For those wondering, Steadfast managed to log both a 52-week high and low in the same week. The stock experienced an 11.2% rally last Monday and Tuesday, before falling as much as 23% over the next two days. The sharp selloff was driven by i) CEO Robert Kelly stepped aside to enable a...

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