ASX shares lifting to 52-week highs on Friday

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S&P/ASX 200 Index (ASX: XJO) shares are currently down 0.17% to 8,308.9 points.

Meantime, several companies are celebrating multi-year-high share prices on Friday.

Let's check them out.

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Image source: Getty Images

ASX shares lifting to new price highs on Friday

Domain Holdings Australia Ltd (ASX: DHG)

This ASX 300 communications share has shot the lights out today, rising 49.7% to a 3-year high of $4.67.

Investors are in a lather after Domain announced it had received a $2.7 billion takeover offer from CoStar Group, Inc. (NASDAQ: CSGP) for $4.20 cash per share.

Domain's board is assessing the proposal.

Telix Pharmaceuticals Ltd (ASX: TLX)

This ASX 200 healthcare share leapt 15.3% to a new all-time high of $30.50 today.

The biopharmaceutical company released its FY24 full-year results after yesterday's close.

Telix revealed a 56% increase in revenue to $783.2 million and a magnificent 860% increase in net profit after tax (NPAT) to $49.9 million.

In the year ahead, management is guiding revenue of between $1.18 billion to $1.23 billion. This would represent an increase of between 51% and 57%, respectively.

QBE Insurance Group Ltd (ASX: QBE)

This ASX 200 financial share soared 8.9% to a 15-year high of $21.85 per share on Friday.

The multi-year high follows the release of the insurer's full-year FY24 results today.

QBE reported a 31.3% year-over-year increase in statutory NPAT to US$1.78 billion.

This was primarily due to a 3% growth in gross written premiums and a combined operating ratio of 93.1%.

QBE shares will pay a final dividend of 63 cents per share, which is 31% higher than last year.

A2 Milk Company Limited (ASX: A2M)

This ASX 200 consumer staple share hit a new 52-week high of $7.65 on Friday.

A2 Milk shares have had a great week, rising by 28% since Monday when the company revealed its 1H FY25 results and announced its maiden dividend.

BSP Financial Group Ltd (ASX: BFL)

Stock in the South-Pacific financial services provider lifted 5.3% to a record high of $8 today.

This ASX All Ords financial share has been heading higher since the company released its full-year FY24 results on Wednesday.

BSP Financial reported a statutory NPAT of K$1.038 billion (A$408m) for FY24, up 17% year-over-year. BSP Financial shares will pay a final dividend of $K1.21 (AU 47 cents) per share.

Ramelius Resources Ltd (ASX: RMS)

ASX 200 gold share Ramelius Resources lifted 3% to hit a new record high of $2.71 on Friday.

The miner released its 1H FY25 results today. The company revealed a record NPAT of $170.4 million, up 313% year over year.

Ramelius also announced a maiden fully franked interim dividend of 3 cents per share.

Corporate Travel Management Ltd (ASX: CTD)

Corporate Travel Management shares rose by 3.1% to a 52-week high of $17.86.

The ASX 200 travel share has been on an upward trajectory since the company released its 1H FY25 results and profit guidance on Wednesday.

Austal Ltd (ASX: ASB)

This ASX 300 industrials stock ripped 17.1% higher to a five-year peak of $4.18 per share.

This followed the defence and commercial shipbuilder releasing its 1H FY25 report today.

Austal revealed a 108.9% increase in NPAT to $25.1 million and a substantial improvement in its net cash position, lifting from $3.9 million on 30 June to $212.6 million on 31 December.

Motley Fool contributor Bronwyn Allen has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Austal, CoStar Group, Corporate Travel Management, and Telix Pharmaceuticals. The Motley Fool Australia has positions in and has recommended Corporate Travel Management. The Motley Fool Australia has recommended A2 Milk and Telix Pharmaceuticals. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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