These were the best performing ASX 200 shares last week 3 April 2021
It was a reasonably mixed week for the S&P/ASX 200 Index (ASX: XJO) last week. The benchmark index overcame a weak start to end it flat at 6,828.7 points
However, this couldn’t stop some ASX 200 shares from recording strong gains. Here’s why these shares were the best performers on the index last week:
Iluka Resources Limited (ASX: ILU)
The Iluka share price was the best performer on the ASX 200 last week with a 7.5% gain. This appears to have been driven by a broker note out of Ord Minnett. On Monday, the broker upgraded the mineral sands producer’s shares to a buy rating with an $8.10 price target. It made the move to reflect stronger prices and expansion plans at the Eneabba project.
The Champion Iron share price…