The 5 best performing ASX 200 shares of 2020

It certainly was an eventful year for the S&P/ASX 200 Index (ASX: XJO) in 2020.

After losing as much as a third of its value at the height of the pandemic, the benchmark index was on course to finish the year flat until a last minute selloff on 31 December. This ultimately led to the ASX 200 index recording a 1.4% decline for the year.

The COVID-19 pandemic dominated the headlines last year and had a major impact on the performance of Australian companies.

While some companies were impacted negatively, others benefited greatly from changing consumer behaviours, the working from home initiative, and other tailwinds.

Listed below are the five best performing ASX 200 shares in 2020. Here’s why they were on fire over the 12…