S&P/ASX 200

S&P/ASX 200
FoundationApril 3, 2000 (2000-04-03)
OperatorS&P Dow Jones Indices
ExchangesAustralian Securities Exchange (ASX)
Trading symbolASX: XJO
Constituents200
TypeAll except micro-cap
Market capA$2.452 trillion (May 2024)[1]
Weighting methodFloat-adjusted market cap weighted
Related indices
WebsiteS&P/ASX 200
Reuters.AXJO
BloombergAS51

The S&P/ASX 200 (XJO) index is a market-capitalisation weighted and float-adjusted stock market index of stocks listed on the Australian Securities Exchange. The index is maintained by Standard & Poor's and is considered the benchmark for Australian equity performance. It is based on the 200 largest ASX listed stocks, which together account for about 82% (as of March 2017) of Australia's share market capitalisation.[2]

The ASX 200 was started on 31 March 2000 with a value of 3133.3,[3] equal to the value of the All Ordinaries at that date. The ASX 200 reached 6,000 points for the first time on Thursday 15 February 2007.[4] On 22 December 2017, the ASX 200 was 6,069.[5] The ASX 200 crossed the 7,000 points level for the first time on 16 January 2020.[6]

Bloomberg, CNBC, Yahoo! Finance and Wikinvest use respectively the symbols AS51[7] .AXJO[8] ^AXJO[9] and AXJO[10] to refer to this index.

The ASX 200 webpage offers a Share market game as an educational tool with $50,000.00 AUD virtual cash.[11]

Calculations

The ASX 200 is capitalisation-weighted, meaning a company's contribution to the index is relative to its total market value i.e., share price multiplied by the number of tradeable shares. The ASX 200 is also float adjusted, meaning the absolute numerical contribution to the index is relative to the stock's value at the float of the stock.[12]

Although the calculation starts with a sum of the market capitalisation of the constituent stocks, it is intended to reflect changes in share price, not market capitalisation. Therefore, a fudge factor called the "Divisor" is used to ensure that the index value only changes when stock prices change, not whenever market capitalisation changes. For example, if a company increases its market capitalisation by issuing and selling new shares to raise capital, the Divisor is adjusted so that the ASX 200 index value does not change.

Contract specifications

The ASX 200 (ticker symbol AP) is traded on the ASX 24 exchange (SFE) with a contract size of 25 x S&P/ASX Index Points.

Contract Specification[13]
Australian 200 (AP)
Contract Size: 25 X S&P/ASX 200 Index Points
Exchange: SFE
Sector: Index
Tick Size: 1
Tick Value: 25 AUD
Big Point Value (BPV): 25
Denomination: AUD
Decimal Place: 0

Eligibility

To be eligible for inclusion in the ASX 200 Index:[14]

  • Market capitalisation: A stock's weight in the index is determined by the float-adjusted market capitalisation of the stock. This is a function of current index shares, the latest available stock price and the Investable weight factor (IWF). The IWF represents the float-adjusted portion of a stock's equity capital. Therefore, any strategic holdings that are classified as either corporate, private or government holdings reduce the IWF which, in turn, results in a reduction in the float-adjusted market capital. Shares owned by founders, directors of the company, trusts, venture capitalists and other companies are also excluded. These are also deemed strategic holders and are considered long-term holders of a stock's equity. Any strategic shareholdings that are greater than 5% of total issued shares are excluded from the relevant float.
  • Liquidity: The trading volume in terms of dollar value and the number of transactions must exceed at least 0.025% of the sum of all eligible securities' trading volume. To ensure that no single company dominates trading, they are capped at a maximum of 15% for value, volume and transactions.
  • Listing: Only stocks listed on the Australian Stock Exchange will be considered for inclusion in any of the S&P/ASX indices.

Constituent companies

The number of companies in the index is dynamic and does not always amount to exactly 200. On average, the index is rebalanced every quarter by Standard & Poor's.[15]

As of 5 April 2026, the constituent stocks of the ASX 200 in alphabetical order by symbol are[16]

Code Company Sector Market Capitalisation (A$) Headquarters
360 Life360 Information Technology 3,420,074,734 San Mateo, United States
4DX 4DMedical Healthcare 3,318,719,295 Melbourne
A2M a2 Milk Company Consumer Staples 6,811,751,962 Auckland, New Zealand
AAI Alcoa Materials 3,915,655,069 Pittsburgh, United States
AFI Australian Foundation Investment Company Financials 8,219,797,877 Melbourne
AGL AGL Energy Utilities 6,673,652,551 Sydney
AIA Auckland Airport Industrials 11,372,720,565 Auckland, New Zealand
ALD Ampol Energy 7,928,310,834 Sydney
ALK Alkane Resources Materials 2,035,645,183 Perth
ALL Aristocrat Leisure Consumer Discretionary 27,997,036,412 Sydney
ALQ ALS Industrials 10,633,016,485 Brisbane
ALX Atlas Arteria Industrials 6,152,364,419 Bermuda, United Kingdom
AMC Amcor Materials 8,401,093,541 Warmley, United Kingdom
AMP AMP Financials 3,253,285,693 Sydney
ANN Ansell Healthcare 4,074,959,389 Melbourne
ANZ Australia & New Zealand Banking Group Financials 110,410,102,996 Melbourne
APA APA Group Utilities 13,052,188,932 Sydney
APE Eagers Automotive Consumer Discretionary 6,689,211,167 Brisbane
ARB ARB Corporation Consumer Discretionary 1,675,785,496 Melbourne
ARG Argo Investments Financials 6,457,586,317 Adelaide
ASB Austal Industrials 1,907,666,999 Perth
ASK Abacus Storage King Real Estate 1,754,327,454 Sydney
ASX ASX Financials 10,311,777,732 Sydney
AUB AUB Group Financials 3,124,921,167 Sydney
AZJ Aurizon Industrials 6,834,227,569 Brisbane
BEN Bendigo & Adelaide Bank Financials 5,860,403,299 Bendigo
BFL BSP Financial Group Financials 3,714,398,833 Port Moresby, Papua New Guinea
BGA Bega Cheese Consumer Staples 1,838,371,924 Bega
BGL Bellevue Gold Materials 2,280,703,096 Perth
BHP BHP Materials 260,319,697,098 Melbourne
BOQ Bank of Queensland Financials 4,497,992,294 Brisbane
BPT Beach Energy Energy 2,977,140,421 Adelaide
BRG Breville Group Consumer Discretionary 3,893,260,520 Sydney
BSL BlueScope Materials 11,420,678,626 Melbourne
BWP BWP Trust Real Estate 2,630,779,541 Perth
BXB Brambles Industrials 30,843,257,058 Sydney
CAR CAR Group Communication Services 8,530,972,785 Melbourne
CBA Commonwealth Bank Financials 289,174,295,462 Sydney
CDA Codan Information Technology 5,823,647,746 Adelaide
CEN Contact Energy Utilities 4,101,812,576 Wellington, New Zealand
CGF Challenger Financials 5,713,123,833 Sydney
CHC Charter Hall Real Estate 8,774,098,041 Sydney
CIA Champion Iron Materials 2,836,895,325 Sydney
CIP Centuria Industrial REIT Real Estate 1,791,993,764 Sydney
CLW Charter Hall Long WALE REIT Real Estate 2,397,585,687 Sydney
CMM Capricorn Metals Materials 4,997,040,137 Perth
CNU Chorus Communication Services 3,392,998,639 Wellington, New Zealand
COH Cochlear Healthcare 11,272,116,657 Sydney
COL Coles Group Consumer Staples 30,381,905,088 Melbourne
CPU Computershare Information Technology 16,385,705,693 Melbourne
CQR Charter Hall Retail REIT Real Estate 2,138,924,961 Sydney
CSC Capstone Copper Materials 1,918,441,217 Vancouver, Canada
CSL CSL Healthcare 67,425,362,418 Melbourne
CTD Corporate Travel Management Consumer Discretionary 2,351,454,738 Brisbane
CWY Cleanaway Industrials 5,174,674,975 Melbourne
CYL Catalyst Metals Materials 1,596,983,449 Perth
DBI Dalrymple Bay Infrastructure Industrials 2,488,723,568 Brisbane
DNL Dyno Nobel Materials 5,638,642,963 Brisbane
DOW Downer Group Industrials 5,142,022,791 Sydney
DRO Droneshield Industrials 3,627,203,981 Sydney
DRR Deterra Royalties Materials 2,133,709,719 Perth
DXS Dexus Real Estate 6,263,925,390 Sydney
DYL Deep Yellow Energy 1,746,201,181 Perth
EBO EBOS Group Healthcare 3,975,010,981 Christchurch, New Zealand
EDV Endeavour Group Consumer Staples 5,746,322,154 Sydney
EMR Emerald Resources Materials 3,739,255,477 Perth
EOS Electro Optic Systems Holdings Industrials 1,736,568,891 Canberra
EVN Evolution Mining Materials 26,438,690,172 Sydney
EVT EVT Communication Services 2,143,670,746 Sydney
FBU Fletcher Building Industrials 2,536,757,798 Auckland, New Zealand
FLT Flight Centre Travel Group Consumer Discretionary 2,240,454,452 Brisbane
FMG Fortescue Materials 62,349,039,590 Perth
FPH Fisher & Paykel Healthcare Healthcare 17,793,111,193 Auckland, New Zealand
FRW Freightways Group Industrials 1,809,638,065 Auckland, New Zealand
GDG Generation Development Group Financials 1,559,678,301 Melbourne
GGP Greatland Resources Materials 8,646,848,589 Perth
GMD Genesis Minerals Materials 6,705,466,493 Perth
GMG Goodman Group Real Estate 53,328,202,379 Sydney
GNE Genesis Energy Utilities 2,349,418,103 Auckland, New Zealand
GPT GPT Group Real Estate 8,524,319,564 Sydney
GQG GQG Partners Financials 5,280,031,942 Fort Lauderdale, United States
HDN HomeCo Daily Needs REIT Real Estate 2,517,605,493 Sydney
HUB HUB24 Financials 6,487,931,467 Sydney
HVN Harvey Norman Consumer Discretionary 5,893,611,473 Sydney
IAG Insurance Australia Group Financials 17,219,266,180 Sydney
IFL Insignia Financial Financials 3,185,949,179 Melbourne
IFT Infratil Financials 9,423,516,592 Wellington, New Zealand
IGO IGO Materials 6,020,279,113 Perth
ILU Iluka Resources Materials 2,910,566,243 Perth
IMD IMDEX Materials 1,898,933,156 Perth
JBH JB Hi-Fi Consumer Discretionary 7,877,513,331 Melbourne
JHX James Hardie Materials 11,802,629,977 Dublin, Ireland
L1G L1 Group Financials 2,656,380,786 Melbourne
LLC Lendlease Real Estate 2,224,669,616 Sydney
LNW Light & Wonder Consumer Discretionary 9,742,092,960 Las Vegas, United States
LOV Lovisa Consumer Discretionary 2,325,508,374 Melbourne
LSF L1 Long Short Fund Financials 2,509,968,780 Melbourne
LTR Liontown Resources Materials 5,388,593,053 Perth
LYC Lynas Rare Earths Materials 19,536,215,039 Perth
MCY Mercury NZ Utilities 7,353,211,297 Auckland, New Zealand
MEZ Meridian Energy Utilities 5,888,081,498 Sydney
MFF MFF Capital Investments Financials 2,698,471,967 Wellington, New Zealand
MFG Magellan Financial Group Financials 1,770,382,163 Sydney
MGR Mirvac Real Estate 6,727,691,670 Sydney
MIN Mineral Resources Materials 10,411,244,067 Perth
MND Monadelphous Group Industrials 2,807,607,752 Brisbane
MPL Medibank Financials 12,227,774,386 Melbourne
MQG Macquarie Group Financials 78,358,246,740 Sydney
MSB Mesoblast Healthcare 2,748,343,658 Melbourne
MTS Metcash Consumer Staples 3,266,186,686 Sydney
MXT Metrics Master Income Trust Financials 2,345,186,381 Sydney
NAB National Australia Bank Financials 69,797,300,000 Melbourne
NEM Newmont Materials 13,530,603,778 Denver, United States
NHC New Hope Energy 4,925,291,067 Brisbane
NHF Nib Financials 3,122,902,470 Newcastle
NIC Nickel Industries Materials 3,951,161,646 Sydney
NSR National Storage Real Estate 3,889,245,765 Brisbane
NST Northern Star Resources Materials 31,355,916,981 Perth
NWH NRW Holdings Industrials 2,467,337,511 Perth
NWL Netwealth Group Financials 5,207,233,158 Melbourne
NWS News Corp Class B Communication Services 1,706,704,352 New York City, United States
NXG Nexgen Energy Energy 2,357,033,627 Vancouver, Canada
NXT NextDC Information Technology 7,215,977,531 Sydney
OBM Ora Banda Mining Materials 2,158,490,678 Perth
ORA Orora Materials 2,291,391,034 Melbourne
ORG Origin Energy Utilities 21,689,393,178 Sydney
ORI Orica Materials 9,410,846,170 Melbourne
PDI Predictive Discovery Materials 2,201,094,238 Perth
PDN Paladin Energy Energy 5,113,698,831 Perth
PLS PLS Group Materials 16,394,887,582 Perth
PME Pro Medicus Healthcare 12,415,210,403 Melbourne
PMV Premier Investments Consumer Discretionary 1,984,110,775 Melbourne
PNI Pinnacle Investment Management Financials 3,153,287,253 Sydney
PPT Perpetual Financials 1,825,367,174 Sydney
PRN Perenti Materials 1,806,615,024 Perth
PRU Perseus Mining Materials 7,118,819,020 Perth
PXA Pexa Group Real Estate 2,127,068,682 Melbourne
QAN Qantas Industrials 12,937,853,835 Sydney
QBE QBE Insurance Financials 32,363,610,639 Sydney
QUB Qube Holdings Industrials 8,763,539,459 Sydney
RDX Redox Industrials 1,764,273,598 Sydney
REA REA Group Communication Services 20,366,695,985 Melbourne
REG Regis Healthcare Healthcare 1,844,405,181 Melbourne
REH Reece Group Industrials 8,088,459,235 Melbourne
RGN Region Group Real Estate 2,585,750,166 Sydney
RHC Ramsay Health Care Healthcare 8,983,896,244 Sydney
RIO Rio Tinto Materials 60,093,744,607 Melbourne/London, United Kingdom
RMD ResMed Healthcare 18,493,619,517 San Diego, United States
RMS Ramelius Resources Materials 7,033,564,139 Perth
RRL Regis Resources Materials 5,088,734,777 Perth
RSG Resolute Mining Materials 2,981,697,570 Perth
RWC Reliance Worldwide Corporation Industrials 2,196,000,147 Melbourne
RYM Ryman Healthcare Healthcare 1,889,256,091 Christchurch, New Zealand
S32 South32 Materials 19,830,266,962 Perth
SCG Scentre Group Real Estate 17,601,432,797 Sydney
SDF Steadfast Group Financials 4,659,244,921 Sydney
SEK Seek Communication Services 4,943,927,430 Melbourne
SFR Sandfire Resources Materials 7,637,991,719 Perth
SGH SGH Industrials 16,552,615,452 Sydney
SGM Sims Metal Materials 3,555,487,034 Sydney
SGP Stockland Real Estate 10,018,373,783 Sydney
SHL Sonic Healthcare Healthcare 9,874,874,301 Sydney
SIG Sigma Healthcare Healthcare 30,706,249,544 Melbourne
SMR Stanmore Resources Materials 2,334,604,332 Brisbane
SNZ Summerset Group Holdings Healthcare 1,808,722,454 Wellington, New Zealand
SOL Soul Patts Financials 15,705,879,654 Sydney
SPK Spark New Zealand Communication Services 3,269,925,087 Auckland, New Zealand
STO Santos Energy 26,242,005,525 Adelaide
SUL Super Retail Group Consumer Discretionary 2,877,029,610 Strathpine
SUN Suncorp Financials 17,110,887,369 Brisbane
TAH Tabcorp Consumer Discretionary 2,132,159,134 Melbourne
TCL Transurban Industrials 43,245,747,038 Melbourne
TLC The Lottery Corporation Consumer Discretionary 12,019,167,196 Brisbane
TLS Telstra Communication Services 60,905,654,189 Melbourne
TLX Telix Pharmaceuticals Healthcare 4,388,639,072 Melbourne
TNE TechnologyOne Information Technology 8,809,487,438 Brisbane
TPG TPG Telecom Communication Services 8,009,159,952 Sydney
TUA Tuas Communication Services 3,175,213,830 Sydney
TWE Treasury Wine Estates Consumer Staples 3,011,740,980 Melbourne
VAU Vault Minerals Materials 4,289,644,572 Perth
VCX Vicinity Centres Real Estate 11,044,000,315 Melbourne
VEA Viva Energy Energy 4,221,278,806 Melbourne
VGN Virgin Australia Holdings Industrials 1,803,733,243 Brisbane
VNT Ventia Services Group Industrials 4,300,326,134 Sydney
WAF West African Resources Materials 3,701,668,429 Perth
WAM WAM Capital Financials 1,913,056,911 Sydney
WBC Westpac Financials 136,299,086,704 Sydney
WDS Woodside Energy Group Energy 66,405,427,995 Perth
WES Wesfarmers Consumer Discretionary 83,209,566,732 Perth
WGX Westgold Resources Materials 5,678,437,700 Perth
WHC Whitehaven Coal Energy 7,500,938,233 Sydney
WLE WAM Leaders Financials 1,886,266,717 Sydney
WOR Worley Energy 5,539,089,692 Sydney
WOW Woolworths Group Consumer Staples 45,211,386,096 Sydney
WTC Wisetech Global Information Technology 12,731,179,354 Sydney
XRO Xero Information Technology 12,633,999,232 Wellington, New Zealand
XYX Block, Inc. Financials 3,139,539,773 Oakland, United States
YAN Yancoal Australia Materials 10,920,034,144 Sydney
ZIM Zimplats Holdings Materials 1,878,276,975 Guernsey, United Kingdom
ZIP Zip Financials 2,001,326,648 Sydney


See also

References

  1. ^ "S&P/ASX 200". S&P Dow Jones Indices. 31 May 2024.
  2. ^ ASX Top 200 Companies
  3. ^ "Aussie market breaks 5000 point barrier". Sydney Morning Herald. Fairfax Media. 20 March 2006. Retrieved 3 March 2008.
  4. ^ Burrow, Vanessa (16 February 2007). "Three cheers for the mighty 6000 as the record keeps on playing". The Age. Retrieved 8 August 2011.
  5. ^ "ASX rallies into Christmas break on miners, banks". Archived from the original on 26 January 2018. Retrieved 23 December 2017.
  6. ^ "ASX 200 breaks through the 7,000 points level". The Motley Fool Australia. 16 January 2020. Retrieved 3 April 2020.
  7. ^ AS51 Quote - S&P/ASX 200 Index - Bloomberg Markets
  8. ^ CNBC quote for S&P/ASX 200
  9. ^ ^AXJO: Summary for S&P/ASX 200-Yahoo! Finance
  10. ^ Index: S&P/ASX 200 Index (AXJO) - Wikinvest
  11. ^ "ASX 200 Sharemarket game". ASX 200.
  12. ^ "Index Mathematics Methodology" (PDF). Standard & Poor's. Archived from the original (PDF) on 6 November 2011. Retrieved 24 November 2011.
  13. ^ "Historical Australian 200 Intraday Futures Data (AP)". PortaraCQG. Retrieved 31 October 2022.
  14. ^ ASX 200 eligibility rules via Wikinvest
  15. ^ "ASX 200 Today: Chart & Share Price News | Live Updates | Motley Fool". The Motley Fool Australia. Retrieved 1 May 2022.
  16. ^ "S&P/ASX 200 (LIVE DATA): Share Prices & Charts - Market Index".