Business
These were the best performing ASX 200 shares last week 1 May 2021
The S&P/ASX 200 Index (ASX: XJO) had a disappointing end to the month and dropped lower last week. The benchmark index fell 0.5% over the five days to end the period at 7,025.8 points.
The good news is that not all shares tumbled lower with the market. Here’s why these were the best performers on the ASX 200 last week:
NIB Holdings Limited (ASX: NHF)
The NIB share price was the best performer on the ASX 200 last week with a 14.7% gain. Investors were buying the private health insurer’s shares following the release of a trading update. That update revealed that NIB has been performing better than expected during the second half. As a result, it expects to post an underlying operating profit of $200 million to $225 million in…
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