Business
These were the best performing ASX 200 shares in March 2021
The S&P/ASX 200 Index (ASX: XJO) was on form again in March and recorded a solid 1.8% gain to finish at 6,790.7 points.
While a good number of shares pushed higher with the market, some climbed more than most. Here’s why these were the best ASX 200 performers in March:
The GrainCorp share price was the best performer on the ASX 200 in March with a 24.5% gain. This strong gain was driven by the grain exporter announcing new operating initiatives. The include expanding its bulk materials for export, increasing utilisation at the Numurkah and West Footscray processing facilities, and shifting its foods product mix to higher-value products. Management expects the initiatives to boost its operating earnings by $25 million by…
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