Jun 17, 2026 – 4.00pmA surprise rebound in the market’s most unloved stocks is disrupting the tried and tested tax-loss selling strategy, which was already under threat from the government’s proposed changes to the capital gains tax.The ASX’s biggest laggards for the financial year typically experience a wave of selling in June as investors dump their underperforming stocks to crystallise losses that can then be used to offset capital gains made elsewhere. This tax-loss selling strategy has worked 72 per cent of the time going back to 2000, according to data compiled by MST Marquee.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles