The S&P/ASX 200 Flopped Friday
The Australian share market or S&P/ASX 200 (INDEXASX: XJO) (ASX: XJO) fell 0.8% on Friday, according to Google Finance.
7 Aug 2020 | ||
Price | $39.30 |
7 Aug 2020 |
7 Aug 2020 |
We think the S&P/ASX 200 Net Total Return (XNT) index is the best measure of the performance of the Australian share market because it includes both dividends paid and share price growth. It tracks the 200 largest Australian companies, measured by market capitalisation.
Most indices, such as the S&P/ASX 200 (INDEXASX: XJO), tracks the performance share prices only — not dividend returns. That’s why the XNT index is a better measure.
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 Australian share market or S&P/ASX 200 (INDEXASX: XJO) (ASX: XJO) fell 0.8% on Friday, according to Google Finance.
The Australian share market or S&P/ASX 200 (INDEXASX: XJO) (ASX: XJO) fell 0.8% on Friday, according to Google Finance.
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