ASX 200
a.k.a. S&P/ASX 200
Australia's benchmark stock index, tracking about 200 of the largest companies listed on the Australian…
In plain English
Australia's benchmark stock index, tracking about 200 of the largest companies listed on the Australian Securities Exchange.
The ASX 200 is Australia's main share-market scoreboard. It is heavy in banks and mining companies, so it often moves with iron ore, metals and the health of China's economy.
Forex traders glance at it as a risk-mood gauge for the Australian dollar: a strong ASX day and a firm Aussie often travel together.
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