Connect With Us
Register
Login
S&P/ASX 200 definition
The S&P/ASX 200 is Australia's headline stock index, tracking the top 200 companies listed on the Australian Securities Exchange and weighted by float-adjusted market capitalisation. It is the main benchmark for Australian large- and mid-cap shares.
Membership is based on size and liquidity and is reviewed regularly, with the largest companies carrying the most weight. The index leans heavily on financials and materials, reflecting the big banks and mining companies that dominate the Australian market.
Traders watch the S&P/ASX 200 as a read on the Australian economy, and it is sometimes confused with the broader All Ordinaries, which holds many more companies. You can take exposure through an index CFD, which tracks the index level without owning the underlying shares.
S&P/ASX 200 Example
You expect Australian shares to rise, so you go long an index CFD that tracks the S&P/ASX 200. Say the index is at 7,800.
The index climbs to 7,860, a gain of 60 points. Your profit is the 60 points multiplied by the value per point of your contract.
Get Started!
Sign up and access the Global Markets in less than 3 minutes
The information provided on this website is of a general nature only and does not constitute personal financial advice. Before acting on any information on this website, you should consider the suitability of the information in relation to your objectives, financial situation and needs. Investing in CFDs and FX Margin Contracts carries significant risks and is not suitable for all investors. You may lose more than your initial deposit. You do not own, or have, any interest in the underlying asset. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. It is important that you read and consider the disclosure document before you acquire any product listed on the website. The information and advertisements offered on this website are not intended for use by any person in any country or jurisdiction where such use would be contrary to local laws and regulations. The Products and Services offered on this website are not intended for residents of the United States, Malaysia and Thailand.
TMGM is authorized and regulated in various jurisdictions.
Trademax Australia Limited, trading as TMGM, is regulated by the Australian Securities and Investments Commission (ASIC), AFSL no. 436416 and is located at Level 28, One International Tower, 100 Barangaroo Avenue, 2000 Sydney, NSW Australia.
Email: support@tmgm.com.au
Trademax Global Limited, trading as TMGM, is authorized and regulated by the Vanuatu Financial Services Commission (VFSC), registration number 40356 and registered at 1276, Kumul Highway, Port Vila, Vanuatu, Republic of Vanuatu.
Email: support@tmgm.com
Trademax Global Markets (SE) Limited, trading as TMGM, is authorized and regulated by the Financial Services Authority (FSA) of Seychelles, with license number SD224. The company is registered at Office No 13, Providence Estate ABIS Centre, Mahe, Seychelles.
Email: support@tmgm.com
Trademax Global Markets (International) Pty Ltd, trading as TMGM, is authorized and regulated by the Financial Services Commission, Mauritius (FSC) with license no. GB22201012, and registered at 33, Edith Cavell Street C/o IQ EQ Fund Services (Mauritius) Ltd Port Louis, 11324 Mauritius.
Email: support@tmgm.com
Copyright © TMGM. All rights reserved