Insights

These were the worst performing ASX 200 shares last week

It was another positive week for the S&P/ASX 200 Index (ASX: XJO). The benchmark index continued its impressive run and climbed…
The post These were the worst performing ASX 200 shares last week appeared first on The Motley Fool Australia. –

It was another positive week for the S&P/ASX 200 Index (ASX: XJO). The benchmark index continued its impressive run and climbed 0.2% or 16.9 points to end the period at 7,312.3 points.

Unfortunately, not all shares climbed higher with the market. Here’s why these were the worst performers on the ASX 200 last week:

NRW Holdings Limited (ASX: NWH)

The NRW share price was the worst performer on the ASX 200 last week with a 7.4% decline. This was despite there being no news out of the mining services company during the period. However, tough trading conditions have been weighing on the company’s shares this year. So much so, the NRW share price is now down by almost 50% since the start of the year.

HUB24 Ltd (ASX: HUB)

The HUB24 share price was out of form and tumbled 6.4% lower over the five days. Once again, this was despite there being no news out of the investment platform provider. However, with the HUB24 share price up 19% year to date even after this decline, this weakness could have been driven by profit taking from some investors.

Corporate Travel Management Ltd (ASX: CTD)

The Corporate Travel Management share price was the next worst performer with a 6.4% decline. This may have been driven by concerns over the stuttering travel market recovery from the pandemic. Particularly given the recent lockdowns in Victoria and border closures. In addition to this, with the Corporate Travel Management share price still up over 21% since this time last month, profit taking could also be weighing on its shares.

Virgin Money UK (ASX: VUK)

The Virgin Money UK share price was a poor performer and fell 5.1% during the five days. This was despite there being no news out of the UK based bank. Though, last month analysts at Morgans downgraded the company’s shares to a hold rating with a $3.45 price target. It appears to believe its shares are fully valued at the current level.

The post These were the worst performing ASX 200 shares last week appeared first on The Motley Fool Australia.

Wondering where you should invest $1,000 right now?

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes could be the five best ASX stocks for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now.

*Returns as of May 24th 2021

More reading

What moved the Stockland (ASX:SGP) share price this week?
Here are the 3 most traded ASX 200 shares today

ASX 200 up 0.2%: Tech shares rise, Domino’s expands

BlueScope (ASX:BSL) share price jumps on broker upgrade today
These ASX shares just got hit by broker downgrades

James Mickleboro does not own any shares mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Hub24 Ltd. The Motley Fool Australia owns shares of and has recommended Corporate Travel Management Limited. The Motley Fool Australia has recommended Hub24 Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

Trade The World Anywhere & Anytime!

Mobile app platform with over 50,000 global listed securities across 12 markets (over 70% global market capitalisation), right from your Android or iOS device.

Integrated with exclusive trading idea and investment analysis tools to help you find actionable insight on virtually every financial instrument across our 12 global markets, to help you optimise your trading strategies.

Refer Your Friends

Tell your friends about Monex and gift them FREE access to our trading tools.

We respect your privacy and will only send this one email notification to your friends. 

Share With Your Friends

Share on facebook
Share on twitter
Share on linkedin

Monex Trading Tools Access and Usage Terms

The Monex Trading Tools (referred to as ‘tools’ hereafter) are available to you inside your client portal;


To activate access to the tools, you must have a verified and approved trading account and have made a deposit of at least AUD $1000.


An active and funded account with a positive trading balance is required to continue to have access to the tools;


Although the tools are available to you indefinitely, Monex Securities may at it’s discretion disable access to the tools in the future;


Monex securities reserves the right to change these terms and conditions from time to time, as it sees fit, without notice.

Important Notice
iOS & Android App - 12 International Markets & Over 70% Global Market Cap. $0 Brokerage On US Trades. Click Here!