Business
These were the best performing ASX 200 shares last week 5 December 2020
The S&P/ASX 200 Index (ASX: XJO) was on form again last week and continued its winning streak. The benchmark index rose 33 points or 0.5% higher to finish at 6,634.1 points.
While a good number of shares climbed higher with the market, some recorded stronger than average gains. Here’s why these were the best performing ASX 200 shares last week:
Sandfire Resources Ltd (ASX: SFR)
The Sandfire share price was the best performer on the ASX 200 last week with a 28.6% gain. Investors were buying the copper producer’s shares after the release of its strategy update. This update went down well with analysts at Morgan Stanley. They retained their overweight rating and $6.60 price target on its shares following its release. The broker…
-
General22 hours agoFederal government funding extends cohealth GP services until July 2026
-
Business23 hours agoWhat I’d buy if I had to invest $20,000 in ASX 200 shares before the weekend
-
General6 hours agoMildura man given 28 years to pay $73,000 in unpaid fines and tolls
-
Noosa News24 hours agoAlleged violence within the CFMEU a ‘cancer’, administrator tells Queensland inquiry