The term Suspension has a nice comfortable fuzzy feel about it....

• The term Suspension has a nice comfortable fuzzy feel about it.
• BUSINESS
• MARKETS

Last week for tax-loss selling before the July bounce
By Jessica Sier

Updated19 June 2017 — 9:44amfirst published 18 June 2017 — 10:29am

Tax loss selling has hammered some shares over the past two months, but the strategy is gearing up to have one last wash through the ASX this week.
The popular strategy involves disposing of underperforming shares as well as crystallising a loss to offset any capital gains made throughout the financial year.
A healthy bump in the iron ore price wasn't enough to offset the sour mood.
Photo: Peter Braig
The method works best when the share market is soaring and investors are holding a few dud stocks.
With the ASX/S&P 200 Index up around 10 per cent this financial year, investors have taken advantage of the steady upward momentum to cash in.
Gains on the ASX.
Photo: Wayne Taylor

"In the old days, tax loss selling would peak in the last week in June, but these days you tend to see it occur much earlier," says Romano Sala Tenna, portfolio manager at Katana Asset Management
"People have been tax-loss selling for the last few weeks now and I would've thought a lot of that has run its course, but I suspect there's some more to go this week."