S&P/ASX 200 Index Price | AXJO Index Chart

S&P/ASX 200 Index Price | AXJO Index ChartWKN: 601362 | ISIN: XC0006013624 | Symbol: XJO | Type: Index.
The ASX 200 stock index includes 200 companies with the largest market capitalization, which are listed on the Australian Stock Exchange. Since it includes only the largest companies, the S&P/ASX 200 is rightfully considered the benchmark for the entire Australian economy in general and the Australian securities market in particular. S&P/ASX 200 (ASX:XJO) index price online, charts, indices price history, technical and fundamental analysis, reports, comments and more.


Simple and lightweight S&P/ASX 200 Index Live Chart is a powerful free tool that allows you to easily conduct technical analysis online without downloading additional files and applications. In order to meet the needs of the most demanding technical analysts, you can find over a hundred chart analysis tools on our S&P/ASX 200 Index chart. You can also add any of 80 technical indicators directly to the chart online - in two clicks. The possibilities are endless!



Technical Analysis S&P/ASX 200 Index


S&P/ASX 200 Index Technical Analysis widget is a modern handy tool that shows ratings based on technical indicators data. The design of the widget is made in the form of a speedometer, thanks to which you can quickly see the results of the summary technical analysis. You no longer need to use many indicators for analyzing financial instruments, the widget will do it for you. In addition, all rating data are updated in real time. These technical indicators are used for technical analysis: Relative Strength Index, Stochastic, Commodity Channel Index, Average Directional Index, Awesome Oscillator, Momentum, MACD, Stochastic RSI, Williams Percent Range, Bull Bear Power, Ultimate Oscillator, Exponential Moving Average, Simple Moving Average, Ichimoku Cloud Base Line, Volume Weighted Moving Average, Hull Moving Average.



S&P/ASX 200 Index Information

ASX 200 originated on March 30, 2000 at the initiative of Standards & Poor, which has since owned the rights to this index. ASX replaced the previously used All Ordinaries index; ASX currently accounts for 80% of the Australian stock market. ASX is a highly liquid low-turnover index; it served as the basis not only for calculating return on investments, but also for the S & P / ASX 200 indices and exchange-traded funds ASX / SPI 200, ASX / SPI 200 Growth, ASX / SPI 200 LCSI and ASX / SPI 200 VIX.

As the initial value of ASX 200, the All Ordinaries value actual at the time of the index appearance (03/31/2000) was taken: 3133.3 points. The current ASX value (February 2018) is around 5900, just below the psychologically important 6000 mark. For the first time after the financial crisis of 2008, this mark was exceeded in October 2017, and the index set an absolute record (6749) just before the crisis, in October 2007.

The ASX 200 index is capitalization-weighted, which means that a company's membership in the index is determined by its capitalization (the number of shares multiplied by the price of one share). Also, the index is calculated on the basis of shares in free circulation, that is, it does not take into account shares owned by the state and an employee of the company that issues these shares.

As is the case with other stock indices, the ASX 200 value is calculated in points. This value depends on the stock prices of 200 companies that make up the ASX. To become part of the ASX, a company must meet the following three requirements:

  • the company's shares must be quoted on the Australian Stock Exchange as ordinary or preferred;
  • the company's shares must be sufficiently liquid, while liquidity cannot be controlled by a small group of investors;
  • the company must be among the 200 largest free float shares by market capitalization (excluding strategic and newly issued shares).

S&P conducts a quarterly rotation of the companies that are part of the ASX 200, excluding companies that did not meet the ASX requirements in the last six months. The ASX 200 index is the most popular among investors in the Asia-Pacific region; this popularity has led to the emergence of new additional indices: S & P / ASX 200 A-REIT, which brings together trust companies, S & P / ASX 300 Metals & Mining, which is related to the Australian mining industry, and S & P / ASX MidCap 50, which deals with companies in the raw materials industry.

Various internal and external factors influence the ASX 200 index value. The ASX 200 is dominated by financial and commodity companies, and the dynamics of the respective markets has a significant impact on the index. The first 4 of the 5 largest companies that make up the ASX are financial enterprises, and changes in the stock price of any of these companies or trends in the financial sector as a whole will have implications for the entire index. The overall weight of the financial sector in the ASX 200 is also very high, as evidenced by the 54% drop in the index during the 2008 financial crisis.

The ASX value is also influenced by interest rates, inflation and economic forecasts. Interest rates tend to have the opposite effect on inflation, and this is all reflected in the behavior of the stock market. For example, when the Reserve Bank of Australia raises interest rates in order to control inflation, stock prices fall, and this also affects the ASX 200 value.

Finally, the stability of the economy in Australia and in the world is also important. In this regard, even when everything is calm in the country, world events do not leave the index alone. The fact is that Australia makes a significant contribution to the global economy, the name of the strong ties both with the Western world and with China. Thus, military conflicts, market crashes, elections and other similar phenomena affect the Australian stock market and, therefore, its main index.

Benefits of trading the ASX index


  • Liquidity - Due to significant activity in the respective markets, the ASX 200 is highly liquid.
  • Smooth dynamics - The ASX 200 value changes quite smoothly, without sharp movements even during periods of instability, since the behavior of one particular component of the index cannot have a significant impact on the ASX 200 as a whole.
  • A large number of news - ASX 200 is widely represented in Asian markets, investors around the world are interested in it; in this regard, the index is widely covered in the news, which greatly simplifies the process of fundamental and technical analysis.

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Comments

Dear administrators
Would you feel the market for the rest of 2021: Up , flat or down?
George Poon
92 97186673

The figure shows the wave analysis of the Elliott waves of the ASX 200 index.

Wave Analysis of the Australian Stock Index S&P/ASX 200



The price of the index is now in the third wave. Upward breakouts are possible. But wave 4 suggests a 50% correction from the third wave. The fifth upward wave will follow.

It is not even funny. I brought the page to bookmarks and I will check once a week. If the price of the stock index ASX200 will repeat the forecast, then I will send 1000 dollars to the author. Author agrees?

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