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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 million shares to the equivalent of a 6.07% stake.
Why the Afterpay (ASX:APT) share price is not the only rising star this year
Ken Hall | December 15, 2020 9:03am |
More on:
The
Afterpay Ltd (ASX: APT) share price surged higher on Monday as the Aussie tech share looks set to join the
S&P/ASX 20 Index (ASX: XTL) in 2021.
Afterpay shares closed up 8.8% at $109.93 per share, 258.9% higher than where they started the year.
Most ASX investors would be familiar with the Afterpay story, but what about the other rising stars of the ASX? Let’s take a look at some of the top performers ahead of 2021.
Why the Afterpay share price isn’t the only rising star