XJO ASX Index – Australia’s Top Equity Benchmark Explained
The S&P/ASX 200 (XJO) stands as Australia’s premier equity benchmark, tracking the performance of the 200 largest and most liquid companies listed on the Australian Securities Exchange. Representing approximately 80-82% of Australia’s total equity market capitalisation, this float-adjusted, market-capitalisation-weighted index serves as the primary reference point for investors, analysts, and financial media seeking to understand … Read more