All Ordinaries

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All Ordinaries
All Ordinaries.png
All Ordinaries 1875–2012 (calculated values before 1980)
FoundationDecember 31, 1979;44 years ago (1979-12-31)
Operator S&P Dow Jones Indices
Exchanges Australian Securities Exchange (ASX)
Trading symbolASX: XAO
Constituents497 (May 2024) [1]
Type All except micro-cap
Market cap A$2.627  trillion (May 2024) [1]
Weighting method Market value weighted
Related indices
Website All Ordinaries
Reuters .AORD
Bloomberg AS30

Established in January 1980, the All Ordinaries (XAO) (colloquially known as the "All Ords"; also known as the All Ordinaries Index, AOI) is the oldest index of shares in Australia. It is made up of the share prices for 500 of the largest companies listed on the Australian Securities Exchange (ASX). [2] The market capitalization of the companies included in the All Ords index amounts to over 95% of the value of all shares listed on the ASX. The 3-letter exchange ticker in Australia for the All Ordinaries is "XAO". ASX indices are managed by S&P Dow Jones Indices.

Contents

History

When established, the All Ords had a base index of 500; this means that if the index is currently at 5000 points, the nominal value of stocks in the All Ords in Australian dollars has increased tenfold since January 1980.

On 3 April 2000, the All Ords was restructured to consist of the 500 largest companies by market capitalisation. [3] This coincided with the introduction of new benchmark indices such as the S&P/ASX 200. The importance of the All Ords has been significantly lessened by the introduction of these new indices.


Annual returns

The following table shows the annual development of the All Ordinaries since 1966. [4] [5]

YearClosing levelChange in index
in points
Change in index
in %
1963244.80
1964247.903.101.27
1965217.20−30.70−12.38
1966224.907.703.55
1967301.6076.7034.10
1968405.50103.9034.45
1969441.8036.308.95
1970348.70−93.10−21.07
1971340.80−7.90−2.27
1972408.6067.8019.89
1973297.50−111.10−27.19
1974201.60−95.90−32.24
1975299.3097.7048.53
1976291.40−7.90−2.64
1977322.3030.9010.60
1978366.1043.8013.59
1979500.00133.9036.57
1980713.50213.5042.70
1981595.50−118.00−16.54
1982485.40−110.10−18.49
1983775.30289.9059.72
1984726.10−49.20−6.35
19851,003.80277.7038.25
19861,473.10469.3046.75
19871,320.00−153.10−10.39
19881,487.40167.4012.68
19891,649.00161.6010.86
19901,279.80−369.20−22.39
19911,651.40371.6029.04
19921,549.90−101.50−6.15
19932,173.60623.7040.24
19941,932.80−240.80−11.08
19952,203.00270.2013.98
19962,424.60221.6010.06
19972,616.50191.907.91
19982,813.40196.907.53
19993,152.50339.1012.05
20003,154.702.200.07
20013,359.90205.206.50
20022,975.50−384.40−11.44
20033,306.00330.5011.11
20044,053.10747.1022.60
20054,708.80655.7016.18
20065,644.30935.5019.87
20076,421.00776.7013.76
20083,659.30−2,761.70−43.01
20094,882.711,223.4133.43
20104,846.88−35.83−0.73
20114,111.04−735.84−15.18
20124,664.60553.5613.47
20135,353.10688.5014.76
20145,388.6035.500.66
20155,344.60−44.00−0.82
20165,719.10374.507.01
20176,167.30448.207.84
20185,709.40−457.90−7.42
20196,802.401,093.0019.14
20206,850.6048.200.71
20217,779.20928.6013.56
20227,221.70-557.5-7.17
20237,829.50607.88.33

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References

  1. 1 2 "All Ordinaries". S&P Dow Jones Indices. 31 May 2024.
  2. "Course 8: Market indices and market sectors". asx.com.au. ASX. Retrieved 30 April 2016.
  3. ASX.com.au
  4. "Australian Parliamentary Library - Historical Supplement 1999". 30 July 2008. Archived from the original on 30 July 2008. Retrieved 23 January 2020.
  5. "Historical data: All Ordinaries Index - Australia (^AOR)".