Australia’s All Ordinaries Just Slumped 3%
The ALL ORDINARIES (INDEXASX:XAO)(ASX:XAO) index slumped 3.2% on Tuesday, following Commonwealth Bank of Australia (ASX:CBA) and BHP Billiton Limited (ASX:BHP) shares lower.
7 Aug 2020 | ||
Price | $39.30 |
7 Aug 2020 |
7 Aug 2020 |
The All Ordinaries (INDEXASX: AXAO) (INDEXASX: XAO) is one of two popular Australian stock market indices. The All Ords tracks the performance of 500 of the largest shares on the ASX, as measured by market capitalisation. It was established in January 1980. That compares to the ASX 200 (ASX: XJO) which tracks just 200 companies.
Important point: the All Ords & ASX 200 are skewed to the largest shares on the market (e.g. the banking and resources sectors), given the focus on market capitalisation, so it’s important to consider how well its long-term performance actually reflects your portfolio’s return.
This chart shows performance of the index and S&P/ASX 200 Net Total Return (INDEXASX: XNT), which includes the impact of dividends being reinvested. The three most popular indices for Australian shares are the All Ordinaries (INDEXASX: XAO), S&P/ASX 200 Net Total Return (INDEXASX: XNT), and S&P/ASX 200 (INDEXASX: XJO).
The ALL ORDINARIES (INDEXASX:XAO)(ASX:XAO) index slumped 3.2% on Tuesday, following Commonwealth Bank of Australia (ASX:CBA) and BHP Billiton Limited (ASX:BHP) shares lower.
Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), has been hit for six this morning, it’s currently down 2.93%.
The Australian share market, or S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO), is expected to open lower on Tuesday, following the Dow Jones Industrial Average (INDEX:.DJI) lower.
Wesfarmers Ltd (ASX:WES) shares closed 4.5% lower on Monday, weighing on the ALL ORDINARIES (INDEXASX:XAO)(ASX:XAO) index.
Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), has plunged at lunch. It has fallen by 1.28% so far.
The Australian share market, or S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO), is expected to open down on Monday, as the Australian Dollar (A$) (AUDUSD) slips below US 80 cents.
The Aussie sharemarket or ALL ORDINARIES (INDEXASX:XAO)(ASX:XAO) index closed higher on Friday thanks to gains from Westpac Banking Corp (ASX:WBC) and Macquarie Group Ltd (ASX:MQG).
Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), has opened in the green by 0.27% at lunch, passing the 6,200 level.
The Aussie sharemarket or ALL ORDINARIES (INDEXASX:XAO)(ASX:XAO) index closed higher on Thursday as Westpac Banking Corp (ASX:WBC) powered ahead.
The ALL ORDINARIES (INDEXASX:XAO)(ASX:XAO) index slumped 3.2% on Tuesday, following Commonwealth Bank of Australia (ASX:CBA) and BHP Billiton Limited (ASX:BHP) shares lower.
Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), has been hit for six this morning, it’s currently down 2.93%.
The Australian share market, or S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO), is expected to open lower on Tuesday, following the Dow Jones Industrial Average (INDEX:.DJI) lower.
Wesfarmers Ltd (ASX:WES) shares closed 4.5% lower on Monday, weighing on the ALL ORDINARIES (INDEXASX:XAO)(ASX:XAO) index.
Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), has plunged at lunch. It has fallen by 1.28% so far.
The Australian share market, or S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO), is expected to open down on Monday, as the Australian Dollar (A$) (AUDUSD) slips below US 80 cents.
The Aussie sharemarket or ALL ORDINARIES (INDEXASX:XAO)(ASX:XAO) index closed higher on Friday thanks to gains from Westpac Banking Corp (ASX:WBC) and Macquarie Group Ltd (ASX:MQG).
Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), has opened in the green by 0.27% at lunch, passing the 6,200 level.
The Aussie sharemarket or ALL ORDINARIES (INDEXASX:XAO)(ASX:XAO) index closed higher on Thursday as Westpac Banking Corp (ASX:WBC) powered ahead.
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