Category: Uncategorized

August 26, 2022 0

Small caps wrap

By Rueben Hale

Australian small caps were up 0.67% for the week as the market witnessed a small rally. Meanwhile, the ASX 200 was up 0.71% for the week. The increase in small caps was on the back of news surrounding the commodities market. Australian stock indexes rising during the week was contrary to the other major stock markets, such as the S&P 500, which fell as news of central banks’ plan to continue their rate increases weighed on investor sentiment.

MarketOpen is an online digital media and in person events business connecting companies and investors. Through its flagship MarketOpen.com.au and social media, MarketOpen cover breaking news on mining, oil and gas, technology and biotechnology companies listed on the Australian Securities Exchange (ASX).

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