Both the FTSE 100 and the FTSE 250 fell this week. Despite the declines, both indexes stayed above their 52-week low points for the year.
Within the indexes, however, there were some stocks reaching new levels for the year. Here are some of the UK shares reaching new highs and lows this week.
Highs
With share prices generally coming down across the board, there weren’t many UK shares making new highs this week.
One stock that did reach a new 52-week high, though, was QinetiQ Group. Shares in the defence technology company reached 369.8p on Monday, having traded at 328.2p a year ago.
Lows: FTSE 100
Plenty more UK shares dropped to 52-week lows this week as both the FTSE 100 and the FTSE 250 dropped. Here are a few of the notable examples from the FTSE 100.
Insurance company Admiral’s shares reached 2,196.80p this week, marking a 24% drop from the company’s share price of 2,899p a year ago.
Elsewhere in the FTSE 100, shares in Auto Trader sold at 537p per share. At this time last year, the company’s stock traded at 546p.
A year ago, B&M European Value’s share price was 554.8p. Earlier this week, it hit 448p – its lowest point for the year.
Halma’s stock reached 2,099p per share this week. That’s a decline of 22% from its 2,464p price a year ago.
On Thursday, shares in Hargreaves Lansdown reached a 52-week low of 804p. A year ago, the stock traded at 1,690.5p.
Lows: FTSE 250
In the FTSE 250, there were several more UK shares marking low points for the year as the index in general declined this week.
Shares in ASOS reached 1,248p this week – a decline of 73% from where the stock was trading a year ago at 4,742p.
The Aston Martin Lagonda share price fell to 650p on Thursday. A year ago, the shares traded at 1,925p per share.
Computacenter stock dropped to 2,321.77p this week – its lowest point for the year. Shares traded at 2,582p this time last year.
Another FTSE 250 stock to reach its lowest point in a year is Dr Martens. Shares traded as low as 174.7p on Thursday, marking a 62% decline from its 459.6p price 12 months ago.
Home furnishings retailer Dunelm Group saw its shares drop to 851.22. At this time 12 months ago, the company’s shares traded at 1,428p.
Housebuilder Redrow’s stock fell to a 52-week low of 490.2p per share. A year ago, the stock was 37% higher, at a price of 674.8p.
Rotork shares also reached a new low point for the year. The stock traded at as low as 258p, having been priced at 337.6p this time last year.