Established in January 1980, the All Ordinaries (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). 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".
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 dollar
The Australian dollar ( sign: $; code: AUD) is the currency of Australia, including its external territories: Christmas Island, Cocos (Keeling) Islands, and Norfolk Island. It is officially used as currency by three independent Pacific Isl ...
s 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. This coincided with the introduction of new benchmark indices such as the
S&P/ASX 200
The S&P/ASX 200 index is a market-capitalization weighted and float-adjusted stock market index of stocks listed on the Australian Securities Exchange. The index is maintained by Standard & Poor's and is considered the benchmark for Australi ...
. The importance of the All Ords has been significantly lessened by the introduction of these new indices.
* On 31 October 2007, the index was at 6873.20, its highest value prior to the Global Financial Crisis, which has since then been surpassed.
* As of 22 January 2008, it had fallen to 5,222.0 points due to turmoil related to the US
2007 subprime mortgage financial crisis
The United States subprime mortgage crisis was a multinational financial crisis that occurred between 2007 and 2010 that contributed to the Financial crisis of 2007–2008, 2007–2008 global financial crisis. It was triggered by a large decline ...
, a 24 percent fall.
* On 6 March 2009, it was at a low of 3,111.7 points, in the wake of a worldwide drop in stock values, 54% less than the 1 November 2007 high.
* As of 14 September 2009, the index had rebounded to 4,568.5 points, representing a 46.8 percent increase from the 6 March 2009 low.
* On 5 August 2011, the index fell to 4159 points, with a 4.6% fall in one day, the biggest fall since the subprime mortgage crisis.
* On 13 February 2013, the index rose by 28.4 (0.59%) to 5,010.30, passing 5000 for the first time since the 2008 financial crisis.
* On 1 November 2017, the index rose to 6,005.50, passing 6000 points for the first time since the 2008 financial crisis.
* On 10 January 2020, the index closed above 7000 points for the first time.
* On 4 January 2022, the index achieved a record close of 7,926.80.
* On 5 January 2022, the index achieved a record high of 7,956.30.
Annual returns
The following table shows the annual development of the All Ordinaries since 1966.
See also
*
S&P/ASX 20
The S&P/ASX 20 index is a stock market index of stocks listed on the Australian Securities Exchange from Standard & Poor's. While the "ASX 20" often simply refers to the 20 largest companies by market capitalisation, the S&P/ASX 20 Index is ca ...
*
S&P/ASX 50
The S&P/ASX 50 Index is a stock market index of Australian stocks listed on the Australian Securities Exchange from Standard & Poor's.
It is a part of the S&P Global 1200.
While the "ASX 50" often simply refers to the 50 largest companies ...
*
S&P/ASX 200
The S&P/ASX 200 index is a market-capitalization weighted and float-adjusted stock market index of stocks listed on the Australian Securities Exchange. The index is maintained by Standard & Poor's and is considered the benchmark for Australi ...
*
S&P/ASX 300
The S&P/ASX 300, or simply, ASX 300, is a stock market index of Australian stocks listed on the Australian Securities Exchange (ASX). The index is market-capitalisation weighted, meaning each company included is in proportion to the indexes t ...
References
{{reflist
External links
ASX HomepageAll Ordinaries Share PricesAll Ordinaries page at Standard & Poor'sReuters page for .AORD
Australian stock market indices
Australian Securities Exchange