Australian stock markets
The Leading Stock Markets of Australia. Among the many categories of Stock Exchanges in Australia. the followings are the main: Australian Stock Exchange, National Stock Exchange, New Castle Stock Exchange, Bendigo Stock Exchange Australian Pacific Exchange, Australian Clearing House and Electronic Sub-register System , Australian Securities Exchange.
150%The all ordinaries Index comprise of both industrial and resource stocks, which are the major stocks in the Australian stock market. The index is equivalent of the Dow, the Nikkei or FT 100. The modern version of the ordinaries is instituted in 1979 December 31
The index has a long history of performance with all Time Low in July 8, 1982 and all time high in November 1, 2007. After this the stocks tumbled and stood at 6421 on December 31, 2007. In 1987 when many world stocks had touched low this index had also touched very low at 1150 on November 1, 1987 after touching high at 2305 on September 21, 1987.
150% ASX is one of the 10 listed companies in the world. This group is the new entity after merger of the Australian Stock Exchange and the Sydney future Exchange. Australian Securities is the leading brand for the group to operate.
Australian Stock Exchange listing would require the owners to give up control over other voting rights(under the ASX "one share, one vote" rule).
Austock instead created a structure of separate investor and voting shares for them, and established an exempt market for those shares. The Austock exempt market through its life listed 22 companies and turned over about $500 million. It included initial listings for the SFE Corporation (owner of the Sydney Future Exchange and SPC they moved to the Australian Stock Exchange .
The exchange in its present form as a licensed stock exchange was established in August 2004and commenced trading in January2005.
BHP Billiton , Commonwealth Bank of Australia , Telstra Corporation , Rio Tinto , National Australia Bank and Australia and New Zealand Banking Group include the prime companies listed in the exchange.The three largest sectors as per the market capitalization are financila having 34%, commodities having 20% and property trusts having 10%. As on year end of 2006.. The S & P/ASX200 is the major market index in the ASX. This is made of 200 shares.S&P/ASX 100 and S&P/AX50 are othe bigger indices.
Bendigo Stock Exchange (BSX) is a small Exchange in Australia where stocks of small and medium sized business companies are dealt in. The listing fee here is lower than in other exchanges. The exchange lists property trusts and community based businesses such as community bank franchises of the Bendigo Bank.Trading time is from 9.00am to 2.30 pm. The exchange is fully electronic.The trading has been alligned with Netcastle Stock Exchange.
Newcastle Stock Exchange (NSX) is also a small Stock Exchange. The exchange is based in Newcastle. It is operated by NSX Limited which is listed on the A ustralian Stock Exchange. It also lists various small companies. Electrrononic trading takes place in the exchange as usual. It provides facilities for the issue and redemption of securities and other instruments of financial nature.Shares of companies, unit trusts, bonds, investment products are traded on the exchange.
The leading indices in Austrlian Exchange market and the inex as on 15th February 2008 are as follows:
S&P/ASX 20 - XTL3082.9, S&P/ASX 50 - XFL5434. 6S&P/ASX 100 - XTO4533.7
S&P/ASX 200 - XJO5606.6 S&P/ASX 300 - XKO5613.2 S&P/ASX Midcap 50 - XMD5809.0
S&P/ASX Small Ordinaries - XSO3347.6S&P/ASX All Ordinaries - XAO5679.8
Sector Indices Consumer Discretionary - XDJ2318.4 Energy XEJ14490.9
Financials - XFJ5513.0 Financial-x -Property Trusts - XXJ5752.1
earth Care - XHJ8529.9, Industrials - XNJ5664.8 information Technology - XIJ494.5
Materials - XMJ14873.3 Property Trusts - XPJ1804.8 Consumer Staples - XSJ7833.2
150%In order to facilitate the transfer and settlement of market transactions between the Australian Securities Exchange and the ASX Settlement and Transfer Corporation Pty Limited ASTC the operator of CHESS system and its participants Australian Clearing House and Electronic Sub-register System CHESS has been operating. EN 74% of equity securities are held through the CHESS system. The CHESS sub-register is one of the sub-registers that together make up the issuers register in Australia.
T The all ordinaries Index comprise of both industrial and resource stocks which are the major stocks in the Australian stock market. The index is equivalent of the Dow,, the Nikkei or FT 100 The modern version of The ordinaries is instituted in 1979 December 31 The index has a long history of performance with all Time Low in July 8, 1982 and all time high in November 1, 2007. After this the stocks tumbled and stood at 6421 on December 31, 2007. In 1987 when many world stocks had touched low this index had also touched very low at 1150 on November 1, 1987 after touching high at 2305 on September 21, 1987.
ENASK allows trading in options over leading shares. There is ample liquidity in the market maintained by the system market makers who are required to provide quotes. A stock always has more than one market maker and each market maker is assigned two or more stocks.
All investors are given Identification number(HIN) and statement month wise from the chess system. The total capital raised in Janauery 2008 amounted yo $1.8 billion that is up 11% on finanacial year to date basis.
The Exchange exihibits the listed companies and the market scenario in the following format:
Note: All prices listed are in Australian Dollars
Issuer /Index ASX code Open Prev. close High Low Last volume P?E Ratio
Atlanta LTD AA1 0.00 5.04 0.00 0.00 5.07 0 0.00
Australian Agri. AAC 2.77 2.85 2.85 2.70 2.80 166,780 196.67
Austrlai Africa
Resources AAF 0.01 0.01 0.01 0.01 0.01 430,000 -1.00
Argon Resources AAG 0.00 0.14 0.00 0.00 0.14 0 0.00
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