To be eligible for inclusion in the ASX 200 Index[3] :
Market Capitalization:
A stock’s weight in the index is determined by the float-adjusted market capitalization 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.
HOPE THAT ANSWERS THE QUESTION. CHEERS!
- Forums
- ASX - By Stock
- asx200
To be eligible for inclusion in the ASX 200 Index[3] :Market...
Featured News
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review
Add ASQ (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.764M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 21238 | 2.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 37147 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 21238 | 0.024 |
2 | 143521 | 0.023 |
1 | 226365 | 0.022 |
1 | 164000 | 0.021 |
2 | 599450 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 37147 | 1 |
0.028 | 50000 | 1 |
0.030 | 321049 | 4 |
0.032 | 127400 | 1 |
0.033 | 2476 | 2 |
Last trade - 16.12pm 04/10/2024 (20 minute delay) ? |
Featured News
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
ASQ (ASX) Chart |
Day chart unavailable