Small-cap stocks have had a bruising year on the ASX as the Iran war sent oil prices surging above $US100 a barrel and the Reserve Bank of Australia embarked on an aggressive interest rate cycle to stave off inflation.The Small Ordinaries Index has dropped 13 per cent so far this year, whereas the S&P/ASX 100 Index, which includes the bourse’s biggest companies, has climbed nearly 5 per cent.Loading...
Investors tip ASX’s battered small caps are about to go on a tear
Three rate hikes by the Reserve Bank of Australia have crushed the Small Ordinaries Index this year. But softer inflation print this week might presage a rally.
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