Latest ASX 200 News, Chart & Price
The S&P/ASX 200 Index (INDEXASX: XJO) is Australia’s benchmark share market index. Launched in April 2000, it comprises the largest 200 companies on the Australian Securities Exchange by float-adjusted market capitalisation. It is one of a number of indices published by S&P Dow Jones on Australian markets (called the S&P/ASX family of indices).
As with all indices, the ASX 200 is measured in points and tracks the combined movements of all 200 shares within the index. Quarterly balances are performed to ensure the shares included in the index meet its eligibility criteria.
Made up of 10 sectors, the index is largely dominated by the Financials and Materials sectors. The Financials sector alone makes up almost half of the index and includes the big four banks such as Commonwealth Bank of Australia (ASX: CBA). Materials is the second largest sector and includes companies such as BHP Group Ltd (ASX: BHP) and Fortescue Metals Group Limited (ASX: FMG).
Investing in the index is simple: investors can buy shares in any ASX 200-listed company through a broker, or buy into an exchange-traded fund (ETF), which tracks the index as a whole and is traded like a common share.
Latest ASX 200 News
Catherine Baab-Muguira | July 2, 2013 10:12am
Don't let the market jitters fool you. Australia's long term future is bright -- and here are a few ways to play it. More »
Catherine Baab-Muguira | July 1, 2013 12:31pm
Many analysts are making bullish calls for fiscal 2014. More »
Mike King | June 25, 2013 4:54pm
ASX loses 0.3% on a rollercoaster day More »
Catherine Baab-Muguira | June 24, 2013 4:03pm
Investors shouldn't overlook the benefits posed by the falling Australian dollar. More »