The young men appeared in careless array: leggins, short coats, and small caps.

Weakness in the second-liners and small caps was much more muted.

Don't they know that retail investors are all trapped in the small caps?

In the UK, a couple of profit warnings among small caps could hurt stocks.

But Zhang warned about risks from speculating on small caps.

The title is set in caps and small caps.

That created a happy hunting ground for those few who did invest in small caps.

Analysts now expect blue chips, which have underperformed small caps this year, will lead shares higher.

To be small caps means they are discounted already, Ozaki said at the Hong Kong conference.

Pan-European small caps .SCXP are up 12 percent.

That, in turn, should provide a cushion for small caps even if wider volatility continues, he said.

Do small caps always outperform large caps?

Elsewhere in the Gulf, small caps helped lift Dubai's market as retail investors bet on stronger fourth-quarter earnings.

For the week, small caps gained 0.7 percent and midcaps added 0.9 percent.

The best way to hold small caps is through index funds, which hold hundreds of them at low cost.

Many small caps firms have suffered steep losses in recent months, and retail investors in particular were seeking bargains.