It was another difficult week for ASX 200 shares last week as the S&P/ASX 200 Index (ASX: XJO) slumped 4.4% lower.
Last week I was watching A2 Milk Company Ltd (ASX: A2M), Southern Cross Media Group Ltd (ASX: SXL) and Xero Limited (ASX: XRO).
All 3 of these ASX 200 shares fell lower in a tough week for the Aussie share market. A2 Milk shares edged 1.84% lower, Xero shares closed the week down 3.43% and Southern Cross Media shares underperformed the benchmark to finish down 18.75%.
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.
JB Hi-Fi Limited (ASX: JBH)
I've got my eye on JB Hi-Fi shares after the ASX 200 retailer's strong week last week. Shares in the electronics retailer climbed 1.97% higher to $33.72 on the back of stronger than expected retail sales data.
Many expected the Aussie retail sector to be hammered due to the economic impact of the coronavirus pandemic. However, data released by the Australian Bureau of Statistics suggested otherwise as Aussies flocked to supermarkets and online stores.
If that can continue in the coming months, it could be great news for JB Hi-Fi and its shareholders.
National Storage REIT (ASX: NSR)
I think the National Storage REIT share price is one ASX 200 share that could quietly overachieve in 2020. The self-storage REIT was the subject of a bidding war prior to coronavirus turning valuations upside down.
However, there's a chance we could see more people moving house to sell while the market is high or simply downsize. That means self-storage facilities could be in demand and send the REIT's shares soaring this year.
Newcrest Mining Limited (ASX: NCM)
It's hard not to watch the ASX 200 gold shares when markets are volatile. Investors tend to like the perceived safety of the precious metal when all else is falling.
Newcrest is inside the ASX 50 and could be one that gets heavily bought if we see more share price falls this week.
