Inflation and Housing Downturns Pressure Australian Small-Cap Stocks
1 report, 1 independent
Updated Oct 5
AI-generated briefing. Brind wrote this from the reports listed below and has updated it as the story developed. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Inflation and housing downturns are pressuring small-cap stocks in Australia. Major Australian fund managers are increasingly moving toward international markets and reducing their holdings in local equities. According to Bell Potter, only 23 of the 200 stocks on the S&P/ASX Small Ordinaries Index have traded higher since October 1.
From afr.com
Why it matters
Concerns over inflation and a housing downturn are driving major Australian fund managers to reduce their investment in local equities. This shift toward international markets is putting pressure on the performance and valuation of the S&P/ASX Small Ordinaries Index.
From afr.com
Who's involved
- inflationThe underlying economic condition driving pressure on small-cap stocks.
- Bell PotterReported on the performance of the S&P/ASX Small Ordinaries Index.