Business
These ASX 200 shares are trading at near 52-week highs
Rising bond yields have triggered much of the market’s recent volatility and weakness across tech and growth-related sectors. At the moment it feels like the market’s taking one step forward and one step back. However, these ASX 200 shares are seemingly unphased by potentially higher interest rates and making new highs.
ASX 200 shares making 52-week highs
Australia and New Zealand Banking Group Ltd (ASX: ANZ)
The ANZ share price has clawed its way back to pre-COVID levels. The gruelling COVID sell-off saw the ANZ share price lose 48% of its value between 21 February and 23 March last year. To recoup those losses, the ANZ share price has almost doubled in just one year.
Bank’s earnings during the February reporting…
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