https://www.wise-owl.com/investment...ucation/asx-200-explained-what-is-the-asx-200 this should explain it
MKT The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint
ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024