The Chai Tattle - 4th June 2026

An anomalous day on the market took place where the indexes gained value but a large portion of that was driven with a jump in volume on microcap stocks, but that change was not seen across the segment as more than 50% of the volume was accounted for by BECO.

Volume however did gain across other segment sizes too as investors are still wary about developments in the budget.

The return profile is positively skewed with definite higher peaks on the right-hand side. Of the 23 equities that had outlier positive delta - 9% of more, all were in the small cap or micro cap segment.