Business
ASX shares that made 52-week highs last week
Christmas came early for the S&P/ASX 200 Index (ASX: XJO) with the index rallying more than 10% in November. While a majority of ASX shares are still below pre-COVID highs, these companies have managed to push higher into record territory.
1. Galaxy Resources Limited (ASX: GXY)
The Galaxy Resources share price has lifted more than 50% in this month alone to hit an 18-month high of $1.80. This comes off the back of President-elect Joe Biden’s plan to lead a transition to renewable energy. This includes a promise to eliminate federal subsidies to the oil industry and move to net-zero emissions by 2050. His plans have lifted sentiment for renewable related sectors including lithium miners.
2. Lifestyle Communities Limited
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