The stocks tipped to rebound when the new financial year kicks off

Energy stocks and a rare earths mining company backed by Gina Rinehart are expected to rebound when the new financial year begins on Wednesday, after facing heavy selling in June from peace talks in the Middle East that sent commodity prices tumbling.

Tax-loss selling, which is typically a major undercurrent of the ASX in the lead-up to the end of the financial year, has been turned upside down by the federal government’s capital gains tax changes, which have made the short-term strategy more difficult for investors.

Source: https://www.afr.com/markets/equity-markets/the-stocks-tipped-to-rebound-when-the-new-financial-year-kicks-off-20260629-p60aue