What is driving the All Ords today?

Miner strength is the big driver. Iron ore, copper, gold and lithium names are posting 52-week highs, signalling firm commodity momentum and broad participation. That breadth is pulling capital toward resources, while bank shares lag. Index and ETF flows may reinforce the move if leadership holds through February results.

Which ASX stocks hit 52-week highs today?

Mineral Resources (MIN.AX) set A$64.06, South32 (S32.AX) reached A$4.54 and IGO (IGO.AX) hit A$9.50. BHP cleared a prior peak with an intraday A$50.86, trading near A$50.04. These breakouts add breadth to All Ords today and support the miners-first leadership theme.

Did BHP reclaim the top spot from CBA?

Yes. BHP’s market cap is A$252.64b versus CBA’s A$250.89b. BHP trades around A$50.04, up 3.31% today, after setting fresh highs. CBA is near A$150.07, up 0.39% on the day but down 6.86% year to date, which helped the shift at the top of the ASX.

Are miners overbought after recent gains?

Some are. BHP’s RSI is 70.92 and IGO’s is 80.03, both overbought. Trends remain strong, but near-term pullbacks can happen. Consider scaling entries on dips toward 50-day averages and use stops under recent swing lows to manage volatility while All Ords today remains momentum led.

Global Market Insights

ASX All Ords Today, January 28: Miners Lead Broad 52-Week Highs

ByHuzaifa Zahoor January 28, 2026January 28, 2026

All Ords today is edging higher as ASX miners rally and stack up fresh 52-week highs. Strength spans iron ore, copper, gold, and lithium, signalling firm commodity momentum and a rotation into resources. BHP.AX has reclaimed the market-cap top spot from CBA.AX, while names like MIN, S32 and IGO print new peaks. We outline key numbers, near-term catalysts, and practical ideas for Aussie portfolios watching All Ords today.