These were the best performing ASX 200 shares last week 23 January 2021

The S&P/ASX 200 Index (ASX: XJO) was back on form last week and stormed higher. The benchmark index rose 85 points or 1.3% to finish the week at 6,800.4 points.

While a good number of shares climbed higher with the market, some climbed more than most. Here’s why these were the best performers on the ASX 200 last week:

The Zip share price was the best performer on the ASX 200 last week with a massive 28.9% gain. Investors were buying the buy now pay later provider’s shares following the release of its second quarter update. The buy now pay later provider delivered a 103% increase in transaction volume to a record $1.6 billion for the quarter. A key driver of this growth was Zip’s US-based QuadPay business, which recorded a…