All Ordinaries

All Ordinaries

Established in January 1980, the All Ordinaries (colloquially, the "All Ords"; also known as the All Ordinaries Index, AOI) is the oldest index of shares in Australia, so called because it contains nearly all ordinary (or common) shares listed on the Australian Stock Exchange (ASX). The market capitalization of the companies included in the All Ords index amounts to over 95% of the value of all shares listed on the ASX.

When established, the All Ords had a base index of 500 - this means that if the index is currently at 5000 points, the value of stocks in the All Ords has increased tenfold since January 1980, not factoring in inflation.

On 3 April, 2000, the All Ords was restructured to consist of the 500 largest companies by market capitalisation [http://www.asx.com.au/about/shareholder/media_releases/MR020999_AS3.htm] . This coincided with the introduction of new benchmark indices such as the S&P/ASX 200. The importance of the All Ords has been significantly lessened by the introduction of these new indices.

As of 1 November 2007, the All Ords index was at a record 6873.20. As of 22 January 2008, due to turmoil related to the US 2007 subprime mortgage financial crisis, the index had fallen 24 percent to 5,222.0 points. On 10 October 2008, in the wake of a worldwide drop in stock values, the index reached a low of 3,961.3 points, a drop of more than 42% from the 1 November 2007 high.

ee also

*S&P/ASX 200

3 letter Exchange Ticker in Australia for the All Ordinaries is XAO

External links

* [http://www.asx.com.au/ ASX Homepage]
* [http://www.asx.com.au/about/asx/history/history_ASX.htm ASX History]


Wikimedia Foundation. 2010.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • All Ordinaries — S P/ASX All Ordinaries Stammdaten Staat Australien Börse Australian Securities Exchange ISIN XC0009693018 WKN …   Deutsch Wikipedia

  • All Ordinaries —    The All Ordinaries Share Price Index or All Ords is the benchmark index for the Australian stock market. It is a capitalization weighted index consisting of over 300 stocks.    ■ www.asx.com ■    ► See also Capitalization weighted Index …   Financial and business terms

  • All-Ordinaries Stock Index — A stock index comprised of common shares from the Australian Stock Exchange. The All Ordinaries Index is the most quoted benchmark for Australian equities. The ASX is responsible for calculating and distributing the index and its returns. The All …   Investment dictionary

  • All-Ordinaries index — /ˌɔl ɔdənəriz ˈɪndɛks/ (say .awl awduhnuhreez indeks) noun (sometimes lower case) (on the Australian Stock Exchange) an index which gives a weighted average of the ordinary share prices of a specified large group of companies expressed in… …  

  • (the) All-Ordinaries Index — the All Ordinaries Index UK US a list of numbers that represent the price of shares on the Australian stock exchange , based on the average price of the most successful shares. In Australia, this is often simply called the All Ords . Thesaurus:… …   Useful english dictionary

  • ИНДЕКС All ordinaries — ведущий индекс на сиднейской бирже в Австралии. Райзберг Б.А., Лозовский Л.Ш., Стародубцева Е.Б.. Современный экономический словарь. 2 е изд., испр. М.: ИНФРА М. 479 с.. 1999 …   Экономический словарь

  • All Ordinaries Index — The major stock price index in Australia. The capitalization weighted index is made up of the largest 500 companies as measured by market capitalization that are listed on the Australian Stock Exchange. The index was developed with a base value… …   Financial and business terms

  • All Ordinaries index — noun (on the Australian stock exchanges) an index based on the weighted average of selected ordinary share prices …   English new terms dictionary

  • All Ordinaries Index — /ɔ:l ɔ:d(ə)n(ə)riz ˌɪndeks/ noun the index of prices on the Australian Stock Exchange. Abbreviation AO Index, AO …   Dictionary of banking and finance

  • the All-Ordinaries Index — UK / US a list of numbers that represent the price of shares on the Australian stock exchange, based on the average price of the most successful shares. In Australia, this is often simply called the All Ords …   English dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”