SmallCaps News & Analysis
2 articles
Market Mood
D3E, SRN Launch Programs as ASX Small Ordinaries Drop 0.69%
The S&P/ASX Small Ordinaries (ASX: XSO) closed at 3,517.10 points, down 0.69% or 24.30 points on the day, with a cumulative loss of 0.76% over the past five trading days. D3 Energy Ltd (ASX:D3E) plans to resume drilling operations at its Nooitgedacht site in South Africa, anticipating production testing to begin in the coming weeks. Astral Resources NL (ASX:AAR) is expanding drilling at its Theia Deeps project, with 21 holes drilled so far and more planned. Surefire Resources NL (ASX:SRN) announced a share buy-back of up to 15 million shares, indicating that its current share price does not reflect its asset value. This movement in small-cap stocks could provide opportunities for investors amidst market fluctuations.
Read More: D3E, SRN Launch Programs as ASX Small Ordinaries Drop 0.69%
Russell 2000 Surges 20% in 2026, Best Year Since 2003
The Russell 2000 index has increased by 20% in 2026, marking its best performance since 2003. Unprofitable companies within this index have risen 154% since mid-2025, outpacing profitable firms that gained 34%. As investors prioritize AI exposure over current earnings, this trend highlights a shift in market dynamics. The index's performance contrasts with the S&P 500's 11% rise and the 4% growth of major tech stocks. This matters for ordinary investors as it signals a new opportunity to explore small-cap stocks benefiting from AI infrastructure investments.
Read More: Russell 2000 Surges 20% in 2026, Best Year Since 2003