Business
These were the best performing ASX 200 shares last week 28 November 2020
Although it had a soft finish to the week, the S&P/ASX 200 Index (ASX: XJO) continued its positive run and recorded another solid weekly gain. The benchmark index rose 1% over the five days to 6,601.1 points.
While a good number of shares climbed higher, some recorded stronger than average gains. Here’s why these ASX 200 shares were on fire last week:
Platinum Asset Management Ltd (ASX: PTM)
The Platinum share price was the best performer on the ASX 200 last week with a gain of 14.8%. This was despite there being no news out of the fund manager. However, on the Friday before, Platinum held its annual general meeting and spoke positively about the future. Management said: “It is encouraging to note that Platinum’s early…
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