S&P/ASX 200
Australian stock market index / From Wikipedia, the free encyclopedia
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The S&P/ASX 200 index is a market-capitalisation weighted and float-adjusted stock market index of stocks listed on the Australian Securities Exchange. The index is maintained by Standard & Poor's and is considered the benchmark for Australian equity performance. It is based on the 200 largest ASX listed stocks, which together account for about 82% (as of March 2017) of Australia's share market capitalisation.[1]
The ASX 200 was started on 31 March 2000 with a value of 3133.3,[2] equal to the value of the All Ordinaries at that date. The ASX 200 reached 6,000 points for the first time on Thursday 15 February 2007.[3] On 22 December 2017, the ASX 200 was 6,069.[4] The ASX 200 crossed the 7,000 points level for the first time on 16 January 2020.[5]
Bloomberg, CNBC, Yahoo! Finance and Wikinvest use respectively the symbols AS51[6] .AXJO[7] ^AXJO[8] and AXJO[9] to refer to this index.
The ASX 200 webpage offers a Share market game as an educational tool with $50,000.00 AUD virtual cash.[10]