What are the S&P Australian Indices (Index)?

Submitted by Share Trading on 21 May, 2009 - 14:29

What are the S&P Australian Indices? Index S&P/ASX 200, S&P/ASX 300, S&P/ASX 100, All Ordinaries

The S&P (Standard & Poor) Australian Indices group companies according to company market capitalisation and provides a market benchmark for investors. Each S&P index aims to address the need for investor and investment managers to benchmark against a portfolio characterised by sufficient size and quantity.

Australian S&P Index

  • S&P/ASX 200 Index - ASX code: XJO: The S&P/ASX 200 is comprised of the S&P/ASX 100 plus an additional 100 stocks.
  • S&P/ASX 300 Index - ASX code: XKO: It provides up to an additional 100 small-cap stocks to the S&P/ASX 200. Companies removed from the index will be replaced when a suitable candidate is available, or at the quarterly review.
  • S&P/ASX 20 Index - ASX code: XTL: The S&P/ASX 20 index is comprised of the 20 largest stocks by market capitalisation in Australia, emphasizing liquidity and investability.
  • S&P/ASX 50 Index - ASX code: XFL: The S&P/ASX 50 index comprises the 50 largest stocks by market capitalisation in Australia. The constituent companies represent the biggest national and multi-national publicly listed companies in the Australian equity market.
  • S&P/ASX MidCap 50 Index - ASX code: XMD: The S&P/ASX MidCap 50 index is comprised of companies within the S&P/ASX 100, but not those included in the S&P/ASX 50.
  • S&P/ASX 100 Index - ASX code: XTO: The S&P/ASX 100 index is Australia's premier large capitalisation equity index. It is comprised of 100 stocks selected by the S&P Australian Index Committee. It covers large-cap and mid-cap stocks evaluated for liquidity and size.
  • All Ordinaries Index - ASX code: XAO:
  • The All Ordinaries index is Australia's leading sharemarket indicator. The index represents the 500 largest companies listed on the Australian Stock Exchange.
  • S&P/ASX All Australian 50 Index - ASX Code: XAF: The S&P/ASX All Australian 50 is large-cap index that consists exclusively of Australian domestic companies.
  • S&P/ASX All Australian 200 Index - ASX Code: XAT: The S&P/ASX All Australian 200 is a broad market index that consists exclusively of Australian domiciled companies. S&P/ASX All Australian 200 Index constituents will be selected primarily by capitalisation, however liquidity and investability are also part of the index selection process.
  • S&P/ASX Small Ordinaries Index - ASX code: XSO: The S&P/ASX Small Ordinaries index is comprised of companies included in the S&P/ASX 300 index, but not in the S&P/ASX 100 index. This index provides a benchmark for small-cap investments.
  • S&P/ASX Industrial / Resources Indices
  • S&P/ASX 300 Metals and Mining Index - ASX Code: XMM: The S&P/ASX300 Metals & Mining index is based on the S&P/ASX 300 index and comprises companies that are classified as being in the Metals and Mining industry. It includes producers of aluminium, gold, steel, precious metals and minerals and also diversified metals and minerals.

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