These were the worst performing ASX 200 shares last week 23 January 2021

Last week the S&P/ASX 200 Index (ASX: XJO) was back on form and raced notably higher. The benchmark index gained 85 points or 1.3% to end the period at 6,800.4 points.

Unfortunately, not all shares climbed higher with the market. Here’s why these were the worst performers on the ASX 200 last week:

The Whitehaven Coal share price was the worst performer on the ASX 200 last week with a 10.6% decline. This may have been driven by a combination of profit taking after a strong gain last week and concerns about the outlook for coal. The latter follows an update by BHP Group Ltd (ASX: BHP) which revealed that it expects to record an impairment charge of between US$1.15 billion and US$1.25 billion post tax in relation to its New South…