What is S&P ASX 200? - What is S&P ASX 200 MT4 Chart?
S&P ASX 200 Trading Chart - AS51 or AS51:IND
S&P ASX 200 is also Known as AUS200 or AS500
ASX 200 index keeps track of the top companies in Australian Stocks Exchange Market. The total number of stocks used to calculate this stock index is the 200 top Australian companies represented in the ASX 200. This index is calculated based on capitalization of the included companies & it is revised quarterly.
Even though this index is calculated based on capitalization, it does not track capitalization: it tracks the change in stock prices of various components stocks in this stock index.
S&P ASX 200 Trading Chart - S&P ASX 200 is also Known as AUS200 or AS500
ASX 200 Trading Chart
ASX 200 trading chart is shown above in the MT4 FX Platform. On the example above this instrument is referred to as as AUS200CASH. As a trader you want to find a indices broker that provides ASX 200 trade chart so that you can begin to trade AUS200 Trading Charts in the MetaTrader 4 Software Platform. The example That is shown above is that of ASX 200 on MetaTrader 4 Forex & Software Platform.
The 200 constituent stocks which constitute ASX200 are selected from the top Australian corporations measured by capitalization. This index has a base up on which the calculated total market capitalization is adjusted relative to this base - the calculation also has a divisor that means that this stock index will only reflect a change in movement only when the shares prices move up & not when market capitalization does, hence, this index show the difference in the shares prices rather than the total market capitalization. This is because the base represents the starts value of all shares prices & when this stock index is calculated it tracks the total change in the shares prices.
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