The S&P/ASX 200 Index (ASX: XJO) edged marginally higher as a number of ASX 200 shares surged last week.
Last week I was watching JB Hi-Fi Limited (ASX: JBH), National Storage REIT (ASX: NSR) and Newcrest Mining Limited (ASX: NCM).
JB Hi-Fi shares closed the week up 1.81% while National Storage shares also edged 1.20% higher. It was a tough week for Newcrest shareholders as the gold miner's shares closed down 11.85% at $25.15 per share.
Looking ahead at another week full of twists and turns for the Aussie share market, here are my 3 ASX 200 shares to watch.
3 ASX 200 shares to watch this week
The first share that I've got my eye on is Macquarie Group Ltd (ASX: MQG). The Aussie investment bank is set to report its full-year earnings and I think it'll be a big deal.
We've already seen the Big Four announce their earnings which were soft, to say the least. We saw billions of dollars worth of impairments from banks like National Australia Bank Ltd (ASX: NAB) and Westpac Banking Corp (ASX; WBC).
Macquarie is a different beast. The group has more diversified earnings and a larger focus on investment banking and asset management. That could be a good or bad thing, but I think it's one of the ASX 200 shares to watch this week either way.
I think Webjet Limited (ASX: WEB) is another one to keep an eye on. Webjet shares are down 69.84% in 2020 but there are hopes we could see coronavirus restrictions wound back.
That would be good news for the Aussie travel group and its shareholders. Even if its just domestic travel, there could light at the end of the tunnel for Webjet and I think its an ASX 200 share worth watching.
TechnologyOne Ltd (ASX: TNE) is my final ASX 200 share to watch this week. The TechnologyOne share price hit a 52-week high on Friday and could be climbing higher this week.
Shares in Australia's largest enterprise software company have been on the move in recent months despite the bear market, and I wouldn't bet against the positive momentum this week.
