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All Ordinaries Index |
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All Ordinaries Index The major stock price index in Australia. The capitalization weighted index is made up of the largest 500 companies as measured by market capitalization that are listed on the Australian Stock Exchange. The index was developed with a base value of 500 as of 1979. All Ordinaries Index The oldest stock index in Australia. Established in 1980, it tracks the 500 largest publicly-traded companies traded on the Australian Securities Exchange. It is weighted for market capitalization. Its importance has declined since the introduction of a second stock index (the S&P/ASX), but it nevertheless remains a benchmark for the performance of Australian equities. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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