Contact: Jane Kneebone
Deloitte
Media and communications
0416 148 845

The inaugural Deloitte Victorian Stock Exchange Index highlights that Micro Cap companies were the strongest performer for the quarter.

The Index is a locally produced Index which tracks the performance of publicly listed companies headquartered in Victoria. The quarterly Index is compiled from publicly available information provided by the ASX and Bloomberg.

The Micro Cap section within the Index reports on Victorian-based ASX listed companies with a market capitalization over $50 million and less than $300 million.

Over half of the companies in the Index fall within the Micro Cap Segment, which was the strongest performer for the quarter. The market capitalisations for Micro Cap companies, after adjusting for inter-segment movements, rose 13.3% or $1.5 billion. The gains were in spite of some significant losses from resource related companies. These gains were experienced across a diverse range of industries such as Consumer Goods and Retailing, Commercial Services and Supplies and Health, Pharmaceutical & Biotechnology.

Note: Please see below for full press release and VIC Index