Jun 3, 2026 – 4.21pmInvestors are starting to buy back into beaten-up retail stocks, tempted by significantly cheaper valuations after soaring oil prices and higher interest rates triggered a brutal rout in the first half of the year.Consumer discretionary stocks on the S&P/ASX 200 Index were one of just four of the sharemarket’s 11 sectors to record a positive return in the past month, adding 2.2 per cent, which quadrupled the broader gauge.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
‘Peak pessimism’ for retail stocks lures investors back in
Retail is one of the few sectors on the ASX to have posted a positive return in the past month, but not everyone is convinced the stocks are about to rip.
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