These were the best performing ASX 200 shares last week 19 December 2020

Despite a disappointing end to the week, the S&P/ASX 200 Index (ASX: XJO) managed to record its seventh successive weekly gain last week. The benchmark index rose 0.5% to 6,675.5 points.

While a good number of shares climbed higher last week, some rose more than most.

Here’s why these were the best performers on the ASX 200 over the period:

The EML Payments share price was the best performer on the ASX 200 last week with a 13% gain. This was despite there being no news out of the payments company. However, a change of interests of substantial holder notice last week revealed that First Sentier Investors has been increasing its stake in the company. According to the notice, the fund manager has lifted its holding by almost 4…