S&P/ASX 200
The S&P/ASX 200 index is a market-capitalization 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 at March 2017) of Australia's sharemarket 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 Sharemarket game as an educational tool with $50,000.00 AUD virtual cash.[10]
Calculations[]
The ASX 200 is capitalization-weighted, meaning a company's contribution to the index is relative to its total market value i.e. share price multiplied by the number of tradeable shares. The ASX 200 is also float adjusted, meaning the absolute numerical contribution to the index is relative to the stock's value at the float of the stock.[11]
Although the calculation starts with a sum of the market capitalisation of the constituent stocks, it's intended to reflect changes in share price, NOT market capitalisation. Therefore, a fudge factor called the "Divisor" is used to ensure that the index value only changes when stock prices change, not whenever market capitalisation changes. For example, if a company increases its market capitalisation by issuing new shares, the Divisor is adjusted so that the ASX 200 index value does not change.
Eligibility[]
To be eligible for inclusion in the ASX 200 Index:[12]
- Market capitalization: A stock's weight in the index is determined by the float-adjusted market capitalization of the stock. This is a function of current index shares, the latest available stock price and the Investable weight factor (IWF). The IWF represents the float-adjusted portion of a stock's equity capital. Therefore, any strategic holdings that are classified as either corporate, private or government holdings reduce the IWF which, in turn, results in a reduction in the float-adjusted market capital. Shares owned by founders, directors of the company, trusts, venture capitalists and other companies are also excluded. These are also deemed strategic holders, and are considered long-term holders of a stock's equity. Any strategic shareholdings that are greater than 5% of total issued shares are excluded from the relevant float.
- Liquidity: The trading volume in terms of dollar value and the number of transactions must exceed at least 0.025% of the sum of all eligible securities' trading volume. To ensure that no single company dominates trading, they are capped at a maximum of 15% for value, volume and transactions.
- Listing: Only stocks listed on the Australian Stock Exchange will be considered for inclusion in any of the S&P/ASX indices.
Constituent companies[]
The number of companies in the index is dynamic and does not always revert to exactly 200.[citation needed] On average, the index is rebalanced every quarter by Standard & Poors.:[13]
As of July 10, 2021, the constituent stocks of the ASX 200 in alphabetical order by symbol are[14]
Code | Company | Sector | Market Capitalisation | Chairperson | HQ |
---|---|---|---|---|---|
A2M | The a2 Milk Company | Consumer Staples | 4,222,573,287 | David Hearn | Auckland |
ABC | Adelaide Brighton | Materials | 2,114,513,278 | Raymond Barro | Sydney |
ABP | Abacus Property Group | Real Estate | 2,504,889,941 | Myra Salkinder | Sydney |
AGL | AGL Energy | Utilities | 5,361,205,772 | Peter Botten | Sydney |
AIA | Auckland Airport | Industrials | 10,425,662,050 | Dr Patrick Strange | Auckland |
ALD | Ampol | Energy | 6,915,526,913 | Steven Gregg | Sydney |
ALL | Aristocrat Leisure | Consumer Discretionary | 25,969,590,581 | Neil Chatfield | North Ryde |
ALQ | ALS | Industrials | 5,996,552,309 | Bruce Phillips | Brisbane |
ALU | Altium | Information Technology | 3,623,210,436 | Samuel Weiss | Chatswood |
ALX | Atlas Arteria | Industrials | 5,993,863,913 | Debbie Goodin | Bermuda |
AMC | Amcor | Materials | 12,997,008,427 | Graeme Liebelt | Melbourne |
AMP | AMP | Financials | 3,814,625,158 | Debra Hazelton | Sydney |
ANN | Ansell | Healthcare | 5,081,971,142 | John A Bevan | Melbourne |
ANZ | Australia & New Zealand Banking Group | Financials | 81,809,326,750 | Paul O'Sullivan | Melbourne |
APA | APA Group | Utilities | 11,008,409,602 | Michael Fraser | Sydney |
APE | Eagers Automotive | Consumer Discretionary | 4,099,367,706 | Timothy Boyd Crommelin | Brisbane |
APT | Afterpay | Financials | 27,475,711,683 | Elana Rubin | Melbourne |
APX | Appen | Information Technology | 1,601,728,484 | Chris Vonwiller | Chatswood |
ARB | Consumer Discretionary | 3,447,251,812 | Paul O'Sullivan | Kilsyth | |
AST | AusNet Services | Utilities | 6,766,193,624 | Peter Mason | Southbank |
ASX | ASX | Financials | 14,914,571,280 | Damian Roche | Sydney |
AUB | Financials | 1,472,445,404 | David Clarke | North Sydney | |
AWC | Alumina | Materials | 5,048,925,666 | Peter Day | Southbank |
AZJ | Aurizon | Industrials | 6,792,197,694 | Tim Poole | Brisbane |
BAP | Bapcor | Consumer Discretionary | 2,773,000,125 | Margaret Anne Haseltine | Preston |
BEN | Bendigo & Adelaide Bank | Financials | 5,860,403,299 | Jacqueline Hey | Bendigo |
BGA | Bega Cheese | Consumer Staples | 1,803,658,160 | Barry Irvin | Bega |
BHP | BHP | Materials | 142,476,102,671 | Ken MacKenzie | Melbourne/London |
BKL | Blackmores | Consumer Staples | 1,324,020,534 | Anne Templeman-Jones | Sydney |
BKW | Brickworks | Materials | 3,159,271,477 | Robert D. Millner | Sydney |
BLD | Boral | Materials | 8,242,021,345 | Kathryn Fagg | Sydney |
BOQ | Bank of Queensland | Financials | 5,755,188,276 | Patrick Allaway | Brisbane |
BPT | Beach Energy | Energy | 3,095,769,771 | Glenn Davis | Adelaide |
BRG | Breville Group | Consumer Discretionary | 3,907,015,408 | Steven Fisher | Sydney |
BSL | BlueScope | Materials | 11,164,346,278 | John Bevan | Melbourne |
BWP | BWP Trust | Real Estate | 2,781,521,867 | Erich Fraunschiel | Perth |
BXB | Brambles | Industrials | 15,851,589,131 | John Mullen | Sydney |
CAR | Carsales | Communication Services | 5,061,391,108 | Patrick O’Sullivan | Richmond |
CBA | Commonwealth Bank | Financials | 181,383,616,958 | Catherine Livingstone | Sydney |
CCP | Credit Corp Group | Financials | 1,994,566,176 | Eric Dodd | Sydney |
CDA | Codan | Information Technology | 3,287,015,243 | David Simmons | Adelaide |
CGC | Costa Group | Consumer Staples | 1,335,389,194 | Neil Chatfield | Ravenhall |
CGF | Challenger | Financials | 3,681,127,599 | Peter Polson | Sydney |
CHC | Charter Hall | Financials | 6,786,372,799 | David Clarke | Sydney |
CHN | Materials | ||||
CIA | Champion Iron | Materials | 3,367,002,491 | Michael O'Keeffe | Sydney |
CIM | CIMIC Group | Industrials | 6,714,660,889 | Juan Santamaria | Sydney |
CIP | Centuria Industrial REIT | Real Estate | 1,978,229,737 | Garry Charny | Sydney |
CKF | Collins Foods | Consumer Discretionary | 1,470,089,487 | Robert Kaye | Hamilton |
CLW | Charter Hall Long WALE REIT | Real Estate | 2,948,032,800 | David Clarke | Sydney |
CMW | Cromwell Property Group | Real Estate | 2,368,810,961 | Gary Weiss | Brisbane |
CNI | Real Estate | ||||
CNU | Chorus | Communication Services | 2,171,650,000 | Patrick Strange | Wellington |
COH | Cochlear | Healthcare | 15,055,393,862 | Rick Holliday-Smith | Sydney |
COL | Coles Group | Consumer Staples | 22,730,162,020 | James Graham | Melbourne |
CPU | Computershare | Information Technology | 9,834,750,883 | Simon David Jones | Melbourne |
CQR | Charter Hall Retail REIT | Real Estate | 2,196,686,492 | David Clarke | Sydney |
CSL | CSL | Healthcare | 132,895,267,468 | Brian McNamee | Melbourne |
CSR | CSR | Materials | 2,917,150,484 | John Gillam | Sydney |
CTD | Corporate Travel Management | Consumer Discretionary | 2,999,997,097 | Ewen Crouch | Brisbane |
CUV | Clinuvel Pharmaceut | Healthcare | 1,424,005,941 | Willem Blijdorp | Melbourne |
CWN | Crown Resorts | Consumer Discretionary | 8,606,681,624 | Helen Coonan | Melbourne |
CWY | Cleanaway | Industrials | 5,673,742,207 | Mark Chellew | Melbourne |
DHG | Domain Group | Communication Services | 2,833,678,892 | Nick Falloon | Sydney |
DMP | Domino's Pizza Enterprises | Consumer Discretionary | 10,039,306,041 | Jack Cowin | Brisbane |
DOW | Downer Group | Industrials | 3,990,353,494 | Michael Harding | Sydney |
DRR | Deterra Royalties | Materials | 2,288,240,897 | Jennifer Seabrook | Perth |
DXS | Dexus | Real Estate | 11,336,457,693 | Richard Sheppard | Sydney |
EDV | Endeavour Group | Consumer Staples | Sydney | ||
ELD | Elders | Consumer Staples | 1,746,470,293 | Ian Wilton | Adelaide |
EML | EML Payments | Information Technology | 1,210,315,894 | Peter Martin | Brisbane |
EVN | Evolution Mining | Materials | 8,611,682,108 | Jake Klein | Sydney |
FBU | Fletcher Building | Materials | 6,008,829,273 | Bruce Hassall | Auckland |
FLT | Flight Centre | Consumer Discretionary | 3,179,210,670 | Gary Smith | Brisbane |
FMG | Fortescue Metals Group | Materials | 70,754,613,816 | Andrew Forrest | Perth |
FPH | Fisher & Paykel Healthcare | Healthcare | 15,674,345,734 | Scott St John | Auckland |
GEM | G8 Education | Consumer Discretionary | 855,864,218 | Mark Johnson | Gold Coast |
GMG | Goodman Group | Real Estate | 37,789,165,411 | Stephen Jones | Sydney |
GNC | GrainCorp | Consumer Staples | 1,185,472,153 | Peter Richards | Sydney |
GOR | Gold Road Res | Materials | 1,264,063,716 | Tim Netscher | Perth |
GOZ | Growthpoint Properties | Real Estate | 3,048,525,182 | Geoffrey Tomlinson | Melbourne |
GPT | GPT Group | Real Estate | 9,070,431,340 | Vickki McFadden | Sydney |
GUD | GUD Holdings | Consumer Discretionary | 1,165,490,457 | Graeme Billings | Melbourne |
HLS | Healius | Healthcare | 2,710,144,569 | Robert Hubbard | Sydney |
HUB | HUB24 | Financials | 1,879,162,423 | Bruce Higgins | Sydney |
HVN | Harvey Norman | Consumer Discretionary | 6,703,515,799 | Gerry Harvey | Sydney |
IAG | Insurance Australia Group | Financials | 12,941,776,082 | Elizabeth Bryan | Sydney |
IEL | Idp Education | Consumer Discretionary | 6,109,479,831 | Peter Polson | Melbourne |
IFL | IOOF | Financials | 2,694,696,077 | Allan Griffiths | Melbourne |
IGO | Independence Group | Materials | 5,679,508,598 | Peter Bilbe | Perth |
ILU | Iluka Resources | Materials | 3,272,867,421 | Greg Martin | Perth |
INA | Ingenia Group | Real Estate | 1,937,752,810 | Jim Hazel | Sydney |
ING | Inghams | Consumer Staples | 1,393,798,504 | Peter Bush | Sydney |
IPH | IPH | Industrials | 1,466,126,096 | Richard Grellman | Sydney |
IPL | Incitec Pivot | Materials | 4,603,073,319 | Brian Kruger | Melbourne |
IRE | Iress | Information Technology | 2,060,860,096 | Roger Sharp | Melbourne |
IVC | InvoCare | Consumer Discretionary | 1,587,549,278 | Bart Vogel | Sydney |
JBH | JB Hi-Fi | Consumer Discretionary | 2,492,970,000 | Melbourne | |
JHG | Janus Henderson | Financials | 2,134,330,000 | ||
JHX | James Hardie | Materials | 7,801,540,000 | ||
KGN | Kogan.com | Consumer Discretionary | 925,000,000 | ||
LLC | Lendlease | Real Estate | 7,262,420,000 | Sydney | |
LNK | Link Admin | Information Technology | 4,044,590,000 | ||
LYC | Lynas | Materials | 1,171,600,000 | ||
MFG |
Magellan Financial Group | Financials | 6,173,270,000 | Hamish Douglass | |
MGR | Mirvac | Financials | 9,401,550,000 | Sydney | |
MIN | Mineral Resources | Industrials | 2,828,920,000 | Perth | |
MND | Monadelphous Group | Industrials | 1,678,460,000 | Perth | |
MP1 | Information Technology | ||||
MPL | Medibank | Financials | 7,821,370,000 | Elizabeth Alexander | Melbourne |
MQG | Macquarie Group | Financials | 43,786,800,000 | Peter Warne | Sydney |
MSB | Mesoblast | Healthcare | |||
MTS |
Metcash | Consumer Staples | 2,373,160,000 | ||
NAB | National Australia Bank | Financials | 69,797,300,000 | Philip Chronican | Melbourne |
NAN | Nanosonics | Healthcare | 1,244,520,000 | ||
NCM | Newcrest Mining | Materials | 18,683,900,000 | Peter Hay | Melbourne |
NEA | Nearmap | Information Technology | 1,144,000,000 | ||
NEC | Nine Entertainment | Consumer Discretionary | 2,907,700,000 | Benjamin Nhut Minh Vo | Sydney |
NHF | Nib | Financials | 2,628,530,000 | Newcastle | |
NIC | Nickel Mines | Materials | |||
NSR | National Storage | Real Estate | 1,176,540,000 | ||
NST | Northern Star | Materials | 5,914,960,000 | Bill Beament | Perth |
NUF | Nufarm | Materials | 1,989,310,000 | Melbourne | |
NWH | NRW Holdings | Industrials | 1,433,000,000 | ||
NWL | Netwealth Group | Financials | 1,949,000,000 | ||
NWS | News Corp Class B | Consumer Discretionary | 1,003,710,000 | New York City | |
NXL | Nuix | Information Technology | Sydney | ||
NXT | NextDC | Information Technology | 2,144,410,000 | Douglas Flynn | Brisbane |
OBL | Omni Bridgeway | Financials | |||
ORA | Orora | Materials | 3,801,060,000 | ||
ORE | Orocobre | Materials | Brisbane | ||
ORG | Origin Energy | Energy | 12,949,500,000 | Gordon Cairns | Sydney |
ORI | Orica | Materials | 6,705,960,000 | Malcolm Broomhead | Melbourne |
OSH | Oil Search | Energy | 12,752,800,000 | Rick Lee | Port Moresby |
OZL | Oz Minerals | Materials | 3,335,910,000 | Adelaide | |
PBH | Pointsbet Holdings | Consumer Discretionary | |||
PDL | Pendal Group | Financials | 2,728,500,000 | ||
PLS | Pilbara Minerals | Materials | 1,299,660,000 | ||
PME | Pro Medicus | Healthcare | 2,648,000,000 | ||
PMV | Premier Investments | Consumer Discretionary | 2,600,550,000 | ||
PNV | Polynovo | Healthcare | 1,870,000,000 | ||
PPT | Perpetual | Financials | 1,913,740,000 | ||
PRU | Perseus Mining | Materials | |||
PTM | Platinum Asset Management | Financials | 3,238,470,000 | ||
QAN |
Qantas | Industrials | 9,314,970,000 | Richard Goyder | Sydney |
QBE | QBE Insurance | Financials | 16,409,200,000 | Marty Becker | Sydney |
QUB | Qube Holdings | Industrials | 4,463,420,000 | ||
RBL | Redbubble | Consumer Discretionary | |||
REA | REA Group | Communication Services | 10,740,000,000 | Owen Wilson | Melbourne |
REH | Reece Group | Industrials | |||
RHC | Ramsay Health Care | Healthcare | 13,090,800,000 | Craig McNally | Sydney |
RIO | Rio Tinto | Materials | 35,696,200,000 | Simon Thompson | Melbourne/London |
RMD | ResMed | Healthcare | 5,723,900,000 | San Diego, California | |
RMS | Ramelius Resources | Materials | |||
RRL | Regis Resources | Materials | 2,711,520,000 | Perth | |
RWC | Reliance Worldwide Corporation | Industrials | 3,563,330,000 | ||
S32 | South32 | Materials | 19,751,200,000 | Graham Kerr | Perth |
SAR | Saracen Mineral | Materials | 2,124,500,000 | ||
SBM | St Barbara | Materials | 2,343,580,000 | ||
SCG | Scentre Group | Real Estate | 20,576,800,000 | Sydney | |
SCP | Shopping Centres Australasia Property Group | Real Estate | 2,230,650,000 | ||
SDF | Steadfast Group | Financials | 2,474,270,000 | ||
SEK | Seek | Communication Services | 6,467,920,000 | Graham Goldsmith | Melbourne |
SGM | Sims Metal | Materials | 2,298,850,000 | ||
SGP | Stockland | Real Estate | 8,418,330,000 | Sydney | |
SGR | Star Entertainment Group | Consumer Discretionary | 4,063,740,000 | Sydney | |
SHL | Sonic Healthcare | Healthcare | 11,427,400,000 | Mark Compton | Sydney |
SKC | SkyCity Entertainment Group | Consumer Discretionary | 2,349,900,000 | ||
SKI | Spark Infrastructure | Utilities | 3,919,090,000 | ||
SLR | Silver Lake Resource | Materials | 1,381,000,000 | ||
SOL | Washington H Soul Pattinson | Energy | 7,045,400,000 | Robert Millner | Sydney |
SPK | Spark New Zealand | Communication Services | 6,536,840,000 | Justine Smyth | Auckland |
STO | Santos | Energy | 14,413,700,000 | Keith Spence | Adelaide |
SUL | Super Retail Group | Consumer Discretionary | 1,462,610,000 | Brisbane | |
SUN | Suncorp | Financials | 17,594,700,000 | Christine McLoughlin | Brisbane |
SVW | Seven Group Holdings | Industrials | 6,566,570,000 | Kerry Stokes | Sydney |
SYD | Sydney Airport Holdings | Industrials | 16,251,000,000 | Sydney | |
TAH | Tabcorp Holdings | Consumer Discretionary | 9,513,740,000 | Paula Dwyer | Melbourne |
TCL | Transurban | Industrials | 33,360,800,000 | Melbourne | |
TLS | Telstra | Communication Services | 37,226,000,000 | John Mullen | Melbourne |
TNE | TechnologyOne | Information Technology | 2,340,340,000 | Adrian Di Marco | Brisbane |
TPG | TPG Telecom | Communication Services | 6,179,220,000 | David Teoh | Sydney |
TWE | Treasury Wine Estates | Consumer Staples | 10,765,600,000 | Paul Rayner | Melbourne |
URW | Unibail-Rodamco-Westfield | Real Estate | 4,184,050,000 | ||
UWL | Telecommunication Services | Adelaide | |||
VCX | Vicinity Centres | Real Estate | 9,424,880,000 | ||
VEA | Viva Energy | Energy | 4,686,330,000 | ||
VUK | Virgin Money UK plc | Financials | 2,934,000,000 | ||
WBC | Westpac | Financials | 92,946,500,000 | Lindsay Maxted | Sydney |
WEB | Webjet | Consumer Discretionary | 2,122,160,000 | ||
WES | Wesfarmers | Consumer Discretionary | 37,620,800,000 | Michael Chaney | Perth |
WGX | Westgold Resources | Materials | |||
WHC | Whitehaven Coal | Energy | 4,514,600,000 | ||
WOR | Worley | Energy | 6,870,040,000 | John Grill | Sydney |
WOW | Woolworths | Consumer Staples | 37,770,300,000 | Gordon Cairns | Sydney |
WPL | Woodside Petroleum | Energy | 33,935,500,000 | Richard Goyder | Perth |
WPR | Waypoint REIT[15] | Real Estate | 1,756,310,000 | ||
WTC | Wisetech Global | Information Technology | 5,798,960,000 | Andrew Harrison | Sydney |
XRO | Xero | Information Technology | 6,685,840,000 | Graham Smith | Wellington |
Z1P | Zip | Financials |
See also[]
- List of Australian exchange-traded funds listed on ASX
- S&P/ASX 20
- S&P/ASX 50
- S&P/ASX 300
- All Ordinaries
References[]
- ^ ASX Top 200 Companies
- ^ "Aussie market breaks 5000 point barrier". Sydney Morning Herald. Fairfax Media. 20 March 2006. Retrieved 3 March 2008.
- ^ Burrow, Vanessa (16 February 2007). "Three cheers for the mighty 6000 as the record keeps on playing". The Age. Retrieved 8 August 2011.
- ^ ASX rallies into Christmas break on miners, banks
- ^ "ASX 200 breaks through the 7,000 points level". . 16 January 2020. Retrieved 3 April 2020.
- ^ AS51 Quote - S&P/ASX 200 Index - Bloomberg Markets
- ^ CNBC quote for S&P/ASX 200
- ^ ^AXJO: Summary for S&P/ASX 200-Yahoo! Finance
- ^ Index: S&P/ASX 200 Index (AXJO) - Wikinvest
- ^ "ASX 200 Sharemarket game". ASX 200.
- ^ "Index Mathematics Methodology" (PDF). Standard & Poor's. Archived from the original (PDF) on 6 November 2011. Retrieved 24 November 2011.
- ^ ASX 200 eligibility rules via Wikinvest
- ^ "S&P/ASX200". Standard & Poors.
- ^ http://www.marketindex.com.au/asx200
- ^ "Viva Energy REIT Limited Changes Its Name To Waypoint REIT Limited". REIT AsiaPac. 15 May 2020. Retrieved 11 March 2020.
External links[]
- Australian stock market indices
- S&P Dow Jones Indices
- Australian Securities Exchange