The volatility in ASX 200 share prices continued last week as the S&P/ASX 200 Index (ASX: XJO) climbed 1.86% higher.
Last week I was watching CSL Limited (ASX: CSL), Westpac Banking Corp (ASX: WBC) and Scentre Group (ASX: SCG).
The CSL share price edged 0.18% lower to $328.42 per share in a rare down week for shareholders. Westpac shares closed the week 0.56% lower after announcing significant impairments thanks to COVID-19 and the bank's AUSTRAC scandal.
Scentre Group shares had another strong week, climbing 3.37% higher on the back of more certainty for commercial real estate.
As we look ahead to a full week of trade for the Aussie share market, check out the 3 ASX 200 shares that I'll be watching.
A2 Milk Company Ltd (ASX: A2M)
The a2 Milk share price closed the week at a new 52-week high of $19.00.
That's good news for shareholders as the Kiwi dairy group continues to grow. We've seen strong demand for a2 Milk products as consumers continue to spend at the supermarkets despite COVID-19.
With expansion plans in Canada and a strong domestic outlook, a2 Milk could be one ASX 200 share to continue climbing in 2020.
Southern Cross Media Group Ltd (ASX: SXL)
Southern Cross Media shares jumped 34.78% higher last week in a big recovery for the Aussie advertising group. Even so, Southern Cross shares are trading at $0.16 per share compared to a 52-week high of $1.02 per share.
COVID-19 has hit advertisers hard, but there could light at the end of the tunnel for groups like Southern Cross. If we see a strong rebound in advertising spend in the coming months, Southern Cross shares could turn out to be an ASX 200 bargain.
Xero Limited (ASX: XRO)
Xero has been one of the best-performing ASX 200 tech shares throughout 2020.
The Xero share price is down 1.46% this year but that's still a big outperformance against the benchmark index.
I think Xero's cloud-based business model could hold up throughout the pandemic. Provided businesses remain solvent, I think Xero shares could see further gains in late 2020 or early 2021.
