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Once again, a large number of broker notes hit the wires last week. Some of these notes were positive and some were bearish.

Three sell ratings that caught my eye are summarised below. Here’s why top brokers think investors ought to sell these shares next week:

A2 Milk Company Ltd (ASX: A2M)

According to a note out of Credit Suisse, its analysts have retained their underperform rating and $5.50 price target on this embattled infant formula company’s shares. Although the broker is seeing improvements on Chinese ecommerce platforms, it isn’t enough for a change of rating. The broker continues to believe that the company will underperform the market’s expectations in the coming years. Particularly given the weakness in the daigou channel. The a2 Milk share price ended the week at $5.97.

BWP Trust (ASX: BWP)

A note out of Citi reveals that its analysts have retained their sell rating but lifted their price target slightly on this Bunnings landlord’s shares to $2.90. This follows the release of a full year result that fell a touch short of the broker’s expectations. And while operating trends are solid, it doesn’t see enough value in its shares to have a more positive rating. Though, it does see upside risk from earnings accretive acquisitions. The BWP share price was trading at $4.02 at Friday’s close.

Mineral Resources Limited (ASX: MIN)

Analysts at Morgan Stanley have retained their underweight rating but lifted their price target on this mining and mining services company’s shares to $49.70. According to the note, the broker believes the market is overlooking a number of risks. This includes the successful execution of new projects and the potential for a widening discount for low grade iron ore. The Mineral Resources share price ended the week at $58.95.

The post Top brokers name 3 ASX shares to sell next week appeared first on The Motley Fool Australia.

More reading

• These were the worst performing ASX 200 shares last week
• Is it a good time to buy A2 Milk (ASX:A2M) shares in August 2021?
• 2 excellent ASX 200 mining shares that could be buys
• Top brokers name 3 ASX shares to sell today
• ASX 200 rises, BWP Trust falls, Genworth soars

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended A2 Milk. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Kogan.com Ltd (ASX: KGN) was one of ASX’s biggest COVID-19 winners. The first lockdown experienced by Australians – put in place in late March 2020 – seemingly spurred an intense increase to the Kogan share price.

The gains were helped along by the online retailer reporting a series of record monthly sales.

This weekend, as Southeast Queensland, Victoria, and Sydney are locked down, Kogan is celebrating a week in which its share price gained 11.8%.

Shares in Kogan finished Friday’s session trading for $11.35 a piece.

Could this be a pattern? Let’s take a look at how Kogan’s shares have reacted to previous lockdowns.

How Kogan stock reacts to lockdowns

Months after Australia’s initial lockdowns, Victoria’s second wave took hold.

Lockdowns began in Melbourne on June 30 2020. By 3 August 2020, Victoria had entered stage 4 restrictions. Kogan’s shares gained 9.5% the day the major restrictions were implemented and 37% between then and October 19, when restrictions began to ease in the state.

Victoria entered another lockdown on 12 February 2021, a day in which the Kogan share price gained 4.7%.

Then, when embattled Victoria entered yet another 7-day lockdown – later extended to 14 days on 27 May 2021, the Kogan share price gained 3%.  

June 2021 brought a period of short, sharp lockdowns. Parts of Sydney entered their first ‘soft’ lockdown on 25 June, while parts of the Northern Territory, Western Australia, and Queensland were put into short lockdowns on 27 June, 28 June, and 29 June respectively.

Interestingly, the Kogan share price gained 13% over the first 2 days of Sydney’s lockdown, before falling 10.9% over 29 June and 30 June.

Between 15 July and 5 August, two lockdowns were announced for Victoria – the latest announced just yesterday. While South Australia and Brisbane have experienced one each. All the while Sydney has continued to be locked down.

The Kogan share price has fallen 2% in that time frame. However, it has gained 11% since Brisbane entered its lockdown last Saturday. It also shot up 3% on Friday following Victoria’s snap lockdown.

Kogan share price snapshot

In a silver lining for Kogan shareholders stuck at home, Kogan has a pattern of gaining when states lockdown.

Though, this year hasn’t been good for Kogan on the ASX.

Its shares have fallen 41% since the start of 2021. They’ve also dropped 39% over the last 12 months.

The post How does the Kogan share price perform during lockdowns? appeared first on The Motley Fool Australia.

More reading

• Why the Kogan (ASX:KGN) share price is soaring 10% this week
• 3 excellent ASX growth shares that could be buys
• The Kogan share price is down 6% this last month
• 2 beaten-up ASX shares that could be buys in August 2021
• These are the 10 most shorted ASX shares

Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Kogan.com ltd. The Motley Fool Australia owns shares of and has recommended Kogan.com ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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If you’re wanting to boost your income with some dividend shares, then you might want to consider the ones listed below.

Here’s why analysts have given them buy ratings:

Coles Group Ltd (ASX: COL)

The first ASX dividend share to look at is Coles. It could be a quality option due to its positive outlook and strong market position.

In respect to the latter, the company has over 800 supermarkets across the country, over 900 liquor retail stores, and over 700 Coles express stores. From this network, the company processes more than 21 million customer transactions each week. This demonstrates just how dominant its market position is alongside rival Woolworths Group Ltd (ASX: WOW).

Goldman Sachs is very positive on Coles and is forecasting robust growth over the medium term. In light of this, the broker has put a buy rating and $19.40 price target on its shares.

The broker expects dividends per share of 62 cents in FY 2021, 67 cents in FY 2022, and 73 cents in FY 2023. Based on the latest Coles share price of $18.01, this will mean fully franked yields of 3.4%, 3.7%, and 4.1%, respectively.

Transurban Group (ASX: TCL)

Another ASX dividend share to look at is Transurban. It is one of the world’s leading toll road operators with key roads in Melbourne, Sydney and Brisbane, as well as in Greater Washington, United States and Montreal, Canada.

Transurban also considers itself to be a technology company. It has been investing in research and development activities in order to create innovative tolling and transport technology that makes travel easier for everyone.

While its near term is likely to underwhelm due to lockdowns and border closures, the longer term remains very positive. Particularly given the company’s significant pipeline of opportunities in its core markets that look set to underpin its next growth phase.

Ord Minnett believes it is worth being patient with the company. Its analysts have a buy rating and $16.00 price target on the company’s shares.

The broker is forecasting dividends per share of 36.5 cents in FY 2021 and then 57.7 cents in FY 2022. Based on the latest Transurban share price of $14.31, this will mean yields of 2.6% and 4%, respectively, over the next two years.

The post 2 buy-rated ASX dividend shares for August appeared first on The Motley Fool Australia.

More reading

• How does the Coles (ASX:COL) share price perform during lockdowns?
• Analysts name 2 growing ASX dividend shares to buy
• The Coles (ASX:COL) share price has gained 3% this week. Here’s why
• Here’s why the Coles (ASX:COL) share price is up 7% this last month
• Top broker names 2 ASX shares for retirees

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended COLESGROUP DEF SET. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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This weekend could be an opportune time to research ASX shares that are not widely known.

Smaller businesses may have the potential to produce good returns because they are at an earlier point of their growth journey.

Here are two to think about:

Pacific Current Group Ltd (ASX: PAC)

Pacific Current is a fund manager which invests in boutique asset managers around the world. Some of the investments include GQG, ROC, Proterra, Pennybacker and Victory Park. One of its newest investments includes Astarte Capital Partners.

The ASX share supports its investments with both capital and expertise to help them grow. Those investments have been growing quite a lot during FY21. Its economic relationship with each fund manager is different, so it benefits somewhat differently from each investment as they grow.

In the last three months of FY21, the company said that total funds under management (FUM) controlled by asset managers within its portfolio increased 15.4% to $142.6 billion. That included “strong” inflows at GQG, ROC, and Victory Park.

At the time of that quarterly update, the Pacific Current CEO Paul Greenwood said:

Over the last few months we have seen signs of broader FUM growth across our portfolio, which bodes well for FUM growth in FY22 and beyond.

The ASX share is currently rated as a buy by the broker Ord Minnett with a price target of $6.90. The broker is attracted to the growth of Pacific Current’s underlying profit (excluding performance fees).

According to Ord Minnett, the Pacific Current share price is valued at 11x FY21’s estimated earnings with a projected grossed-up dividend yield of 8.8%.

Healthia Ltd (ASX: HLA)

This is a small cap ASX share that offers a number of healthcare services including podiatry, physiotherapy, hand and upper arm therapy, pilates, orthopaedic, optometry, retail footwear, custom orthotic manufacturing and medical supplies.

The business has been rapidly expanding thanks to both organic growth and acquisitions.

In the FY21 first half result the business reported revenue growth of 38.9% to $61.5 million. The underlying earnings before interest, tax, depreciation and amortisation (EBITDA) margin increased by 486 basis points year on year to 17.87%. This helped underlying earnings per share (EPS) jump 78.2% to 6.86 cents.

Healthia is aiming to improve its organic growth with initiatives like further enhancing its centralised support functions to clinical teams, finding additional opportunities to co-locate services, introducing services into existing locations and working on new ways to engage its teams.

The ASX share expects to deploy a minimum of $20 million of capital per annum for new allied health acquisitions.

Healthia’s board have been pleased with the profitability of the business, which is why it implemented an interim dividend of 2 cents per share.

The post 2 ASX shares that may be worth looking at this weekend appeared first on The Motley Fool Australia.

More reading

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Motley Fool contributor Tristan Harrison owns shares of PACCURRENT FPO. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended HEALTHIA FPO. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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If you wish to add some diversification to your portfolio in August, then you might want to look at exchange traded funds (ETFs).

ETFs can help investors achieve diversification with relative ease by providing access to a large and diverse number of different shares through a single investment.

With that in mind, listed below are two ETFs which could be worth considering. Here’s what you need to know about them:

iShares Global Consumer Staples ETF (ASX: IXI)

The first ETF to look at is BlackRock’s iShares Global Consumer Staples ETF. This fund gives investors exposure to many of the world’s largest global consumer staples companies. These are companies that produce essential products, including food, tobacco, and household items.

Given how demand for these types of products is relatively consistent whatever the economy throws at them, this ETF is likely to be suitable for investors that are looking for lower risk options.

Among its largest holdings are the likes of Coca-Cola, Nestle, PepsiCo, Procter & Gamble, Unilever, and Walmart.

Over the last 10 years, the iShares Global Consumer Staples ETF has generated an average total return of 13.4% per annum. This would have turned a $10,000 investment in 2011 into ~$35,000.

iShares S&P 500 ETF (ASX: IVV)

Another ETF to look at is the iShares S&P 500 ETF, which is also managed by global giant BlackRock.

The fund manager notes that this ETF gives investors exposure to the top 500 U.S. stocks through a single investment. This can be used to diversify internationally and seek long-term growth opportunities for a portfolio.

Among the ETF’s largest holdings are Amazon, Apple, Berkshire Hathaway, Facebook, JP Morgan, Johnson & Johnson, Microsoft, and Tesla.

Over the last 10 years, the fund has generated an average return of 19.9% per annum. This would have turned a $10,000 investment in 2011 into just over $61,000 today.

The post ASX investors could diversify their portfolios with these quality ETFs appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended iShares Global Consumer Staples ETF. The Motley Fool Australia has recommended iShares Trust – iShares Core S&P 500 ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The two ASX shares in this article are impressive and could be worth thinking about in August 2021.

Businesses that are producing a good amount of revenue growth give themselves a strong chance of also producing profit growth. Seeing as investors like to judge and price companies on their profit and cashflow, revenue growth is an attractive feature to have.

The below ASX shares are seeing plenty of growth:

City Chic Collective Ltd (ASX: CCX)

City Chic is a leading retailer of clothes, footwear and accessories for plus-size women.

It operates under a number of different brands including City Chic, CCX, Avenue and Evans. With those brands (and a couple of others), it has a good and growing market position in Australia and New Zealand, the US and the UK.

City Chic is building a portfolio of brands so it can meet the clothing needs of all of its customers. Indeed, the business recently announced another acquisition. It’s called Navabi, which is an online marketplace that sells hundreds of third-party women’s plus-size brands. It has also developed its own brands that are sold on the marketplace.

The customers are predominately from Germany, so this acquisition gives the business an opportunity to expand in Europe. In 2020, the Navabi websites had 5.8 million customer visits in 2020, generating €10.4 million of sales revenue. COVID-19 has affected the business – before the pandemic its website was seeing traffic of more than 10 million visits. Even so, in 2021 the business has been trading profitably.

The ASX share continues to grow, with total profit rising faster than revenue. In a trading update for FY21, City Chic said that sales revenue was up 32.9% to $258 million. Underlying earnings before interest, tax, depreciation and amortisation (EBITDA) is expected to be in the range of $42 million to $42.5 million, being growth of between 58% to 60%.

Trading in FY22 had “exceeded budget” with strong US and UK performance outweighing store closures in Australia.

VanEck Video Gaming and Esports ETF (ASX: ESPO)

This is an exchange traded fund (ETF) that is focused on some of the world’s leasing game makers and other businesses involved to make video games possible.

It’s a fairly concentrated portfolio with 26 different names in the portfolio, though they aren’t ASX shares.

Looking at the holdings list, the biggest 10 weightings are these businesses: Advanced Micro Devices, Nvidia, Sea, Tencent, Nintendo, Unity Software, Activision Blizzard, Netease, Electronic Arts and Take Two Interactive Software.

Video gaming has been around for a long time but revenue continues to grow for these companies at a double digit rate. VanEck says that since 2015, revenue for the video gaming industry has grown by an average of 12% per annum.

But e-sports is where a lot of the growth is right now. The industry is getting audiences the size of the Olympics and it’s unlocking various streams of earnings such as game publisher fees, media rights, merchandise, ticket sales and advertising. E-sports revenue has grown by an average of 28% per annum since 2015.

Past performance is not an indicator of future performance, although the index of these shares has done very well. Over the last five years, the index that this ASX share tracks has grown by an average of 32.75% per annum.

The post 2 impressive ASX shares that could be buys in August 2021 appeared first on The Motley Fool Australia.

More reading

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Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended VanEck Vectors ETF Trust – VanEck Vectors Video Gaming and eSports ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Looking for growth shares to buy? Then you might want to consider the three listed below.

Here’s why they have been tipped as growth shares to buy:

PointsBet Holdings Ltd (ASX: PBH)

The first ASX growth share to look at is PointsBet. It is a leading sports betting company with operations in both the ANZ and US markets.

From these markets, the company is currently generating significant revenue. For example, last week PointsBet revealed that its full year turnover reached $3,781.4 million in FY 2021. This was up an impressive 228% on FY 2020’s turnover. Driving this strong growth was a 117% annual increase in Australian active clients to 196,585 and a 661% increase in US active clients to 159,321.

The good news is that the company is only scratching at the surface of its massive US market opportunity. For example, Goldman Sachs notes that the US sports betting market is forecast to grow at a compound annual growth rate of 40% out to 2033. It estimates that it will be worth US$39 billion a year at that point.

Goldman currently has a buy rating and $14.90 price target on its shares. This compares to the latest PointsBet share price of $10.00.

Temple & Webster Group Ltd (ASX: TPW)

Temple & Webster is Australia’s leading online furniture and homewares retailer. It has been growing at a strong rate over the last few years and particularly during the pandemic. This has been driven by the accelerating shift to online shopping.

This strong form continued in FY 2021, with Temple & Webster recently releasing its full year results and revealing stellar growth again.

For the 12 months ended 30 June, Temple & Webster delivered an 85% increase in revenue to $326.3 million and a 141% jump in EBITDA to $20.5 million. A key driver of its growth in FY 2021 was another strong increase in customer numbers. At the end of the period, Temple & Webster’s active customers were up 62% year on year to 778,000.

Pleasingly, this positive momentum has continued early in FY 2022. Management revealed year on year revenue growth of 39% for the period 1 July to 24 July.

Looking longer term, Temple & Webster appears well-positioned for growth thanks to its strong market position and the structural shift online. The latter is still in its infancy, with very low penetration rates compared to other categories and other Western markets.

One leading broker that is very positive on Temple & Webster is Credit Suisse. Late last month the broker put an outperform rating and $14.62 price target on its shares. This compares to the current Temple & Webster share price of $12.21.

The post 2 exciting ASX growth shares analysts love appeared first on The Motley Fool Australia.

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• 2 leading ASX e-commerce shares that could be buys in August 2021

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Pointsbet Holdings Ltd and Temple & Webster Group Ltd. The Motley Fool Australia has recommended Pointsbet Holdings Ltd and Temple & Webster Group Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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There are some ASX dividend shares that have high dividend yields.

Interest rates are incredibly low in Australia and around the world right now. That can make it hard to locate investments that still have relatively high yields.

Here are two that do still have high yields:

Charter Hall Retail REIT (ASX: CQR)

This is a real estate investment trust (REIT), as the name suggests, that specialises in properties in the retail space.

The idea is that it invests in high-quality Australian supermarket anchored convenience and convenience-plus shopping centres.

According to Charter Hall Group (ASX: CHC), it has a portfolio worth well over $3 billion spread across around 350 properties. The ASX dividend share had an occupancy rate of 97.8% and a weighted average lease expiry (WALE) of 7.7 years.

The CEO of Charter Hall Retail recently said:

Our Long WALE convenience retail assets remain highly attractive given the quality of the tenants, attractive lease structures, duration of leases and high underlying land values. These assets have delivered CQR unitholders highly defensive and reliable earnings over the last twelve months and are now also delivering significant growth in capital values. It’s pleasing to see the results of our ongoing portfolio curation delivering these gains.

One of the brokers that likes Charter Hall Retail REIT is Macquarie Group Ltd (ASX: MQG) with a price target of $4.19. The broker projects a distribution of 25.6 cents per unit in FY22, equating to a distribution yield of 6.8%.

Rural Funds Group (ASX: RFF)

Rural Funds is another ASX dividend share in the REIT space.

This one owns a portfolio of high-quality farms around Australia. Those properties are spread across different states and climactic conditions to lower risks.

However, Rural Funds is not the one that takes on the operational risks, that’s on the tenants. The REIT owns a large amount of water entitlements for tenants to use.

Rural Funds has a diverse portfolio of farms includes cattle, almonds, vineyards, macadamias and cropping (sugar and cotton).

The business is steadily adding to its portfolio with acquisitions which diversifies and improves the asset base and tenant exposures.

Currently, some of the main tenants include JBS, Treasury Wine Estates Ltd (ASX: TWE), Select Harvests Limited (ASX: SHV) and Olam.

It has a goal of increasing the distribution for investors by 4% each year. Rural Funds has been successful with that goal and has guided for the expected 4% increase in FY22.

Based on the forecast of 11.73 cents per unit, Rural Funds has a forward distribution yield of 4.5%.

The post 2 ASX dividend shares with high yields appeared first on The Motley Fool Australia.

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Motley Fool contributor Tristan Harrison owns shares of RURALFUNDS STAPLED. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Macquarie Group Limited, RURALFUNDS STAPLED, and Treasury Wine Estates Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Last week reporting season kicked off and the first set of results were released to the market.

In case you missed them, summarised below are three top results from the first week of reporting season. They are as follows:

Nick Scali Limited (ASX: NCK)

This furniture retailer was on form in FY 2021, doubling its profit and outperforming its guidance in the process. For the 12 months ended 30 June, Nick Scali reported a 42.1% year on year increase in sales revenue to $373 million. This was driven by same store sales growth of 34%, strong online growth, and new store openings. And thanks to margin expansion, underlying net profit after tax was up 100% to $84.2 million. This beat its guidance of $78 million to $80 million.

Pinnacle Investment Management Group Ltd (ASX: PNI)

Pinnacle Investment Management shares were on form last week after investors responded positively to its full year results. The investment company revealed that its funds under management increase 52% year on year to $89.4 billion. This underpinned an impressive 108% increase in net profit after tax to $67 million for FY 2021. Pleasingly for shareholders, this strong form meant Pinnacle was able to double its dividend to 17 cents per share.

REA Group Limited (ASX: REA)

REA Group released a strong full year result on Friday. For the 12 months ended 30 June, this property listings company delivered a 13% increase in revenue to $928 million and a 19% jump in earnings before interest, tax, depreciation and amortisation (EBITDA) to $565 million. The latter was ahead of the market consensus estimate of $560 million. Management advised that this was driven by excellent cost control and a strong Residential market recovery. This offset significant first quarter listing declines in Melbourne due to COVID lockdown measures. Taking some of the gloss off the result was management revealing a decline in listing volumes during July because of lockdowns.

The post 3 top ASX results from week one of reporting season appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended REA Group Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The S&P/ASX 200 Index (ASX: XJO) was on form last week and stormed notably higher. The benchmark index rose 2% or 145.8 points to end the period at 7,538.4 points.

Unfortunately, not all shares on the index were able to climb higher with the market. Here’s why these were the worst performers on the ASX 200 over the five days:

Champion Iron Ltd (ASX: CIA)

The Champion Iron share price was the worst performer on the ASX 200 last week with a disappointing 12.2% decline. Investors were selling the iron ore producer’s shares after the price of the steel making ingredient tumbled lower. This was driven by concerns over potential steel production curbs in China. For the same reason, the Fortescue Metals Group Limited (ASX: FMG) share price fell 7.5% and the Mineral Resources Limited (ASX: MIN) share price fell 6.5% last week.

PointsBet Holdings Ltd (ASX: PBH)

The PointsBet share price was out of form and dropped 8.8% last week. This was driven by the completion of the sports betting company’s institutional placement and entitlement offer. PointsBet has raised $81 million at $8.00 per share and a further $215.1 million at $10.00 per share. These funds were raised to support PointsBet’s North American marketing and client acquisition, technology and product development, and US market access and government licensing fees.

Perseus Mining Limited (ASX: PRU)

The Perseus Mining share price wasn’t far behind with a decline of 6%. Investors were selling Perseus and other gold mining shares following weakness in the gold price. This led to the S&P/ASX All Ords Gold index falling 1.7% over the five days.

Domain Holdings Australia Ltd (ASX: DHG)

The Domain share price was a poor performer and fell 4.9% over the five days. All of this decline came on the final day of the week following the release of the full year results of rival REA Group Limited (ASX: REA). REA also included a trading update for July, which revealed a sharp decline in Sydney listing volumes during July because of lockdowns. Domain has significant exposure to the Sydney market.

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

More reading

• These were the best performing ASX 200 shares last week
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• ASX 200 rises, Betmakers soars, REA Group drops
• One reason why the Domain (ASX:DHG) share price is down 7%
• If you invested $2,000 in Fortescue (ASX:FMG) shares 5 years ago, this is how much it would be worth now

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Pointsbet Holdings Ltd. The Motley Fool Australia has recommended Pointsbet Holdings Ltd and REA Group Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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