It is mostly a good thing as the ASX200 is probably the most widely followed ASX index of all the local indices due to its breadth and diversify in comparison to the ASX100, while it excludes some of smaller caps that the ASX300 includes that some funds don't like to track.
It will almost certainly see an initial sizable uplift from funds buying in, and significantly higher liquidity/volume. The downside (for those who are allergic to short selling) of having even more institutional investors on the register is that there will be significantly more stocks available to be lent out for short selling.
618
It is mostly a good thing as the ASX200 is probably the most...
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Last
23.5¢ |
Change
0.010(4.44%) |
Mkt cap ! $673.3M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 23.5¢ | 21.5¢ | $2.556M | 11.39M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13000 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 1913398 | 20 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| STX (ASX) Chart |