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· Posted on
February 21, 2024

Explainer: The All Ordinaries

Ever wondered what the All Ords is and how it works? Here's a lil summary

What's the key learning?

  • All Ords takes the share prices of the top 500 public companies in Australia and then boils that down into a single number
  • It includes all the big names: Think Commonwealth Bank, Telstra and even BHP and Zip.

WHAT IS THIS EXCLUSIVE ALL ORDS CLUB?

The All Ordinaries (aka All Ords for short) is like a nightclub - except it's for shares. It has a max capacity of 500 companies (aka club patrons) and only the biggest and brightest companies each year are invited. In essence, the All Ords tracks the performance of top 500 public companies in Australia based on their market capitalisation.

It makes it easy for you to understand how the Australian share market is doing today. If the All Ords goes up, it generally means that the Australian share market performed well today. And if the All Ords goes down, the market ain't doin so well.

So who's in da clurrrb?

It includes all the big names: Think Commonwealth Bank, Telstra and even BHP and Zip.

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