The 5 worst performing ASX 200 shares of 2020

What a year it was for the S&P/ASX 200 Index (ASX: XJO) in 2020. The benchmark index lost 1.4% of its value over the 12 months to end it at 6,587.1 points.

But it could have been so much worse. At the height of the pandemic the index had lost a third of its value.

Unfortunately, not all shares on the index rebounded as strongly and some recorded very disappointing declines.

Here’s why these were the worst performing ASX 200 shares of 2020:

Flight Centre Travel Group Ltd (ASX: FLT)

The Flight Centre share price was the worst performer on the ASX 200 in 2020 with a 60% decline. With the pandemic bringing both domestic and international travel to a standstill earlier this year, this travel agent giant’s bookings collapsed to…