Business
These were the best performing ASX 200 shares last week February 6 2021
Last week the S&P/ASX 200 Index (ASX: XJO) bounced back strongly from a sharp decline a week earlier to record a sizeable gain. The benchmark index jumped 3.5% over the five days to end the period at 6,840.5 points.
While a good number of shares climbed higher with the index, a few stood out with particularly strong gains. Here’s why these were the best performing ASX 200 shares last week:
The Virgin Money UK share price was the best performer on the ASX 200 last week with a massive 22.8% gain. This follows the release of a stronger than expected first quarter update. That update revealed that the bank “had a profitable and positive first quarter.” In addition to this, although it acknowledged that some customers require…
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