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The Australian Stock Exchange, or ASX, is the organisation responsible for the operation of Australia's primary stock exchange.

The ASX was formed in 1987 by an amalgamation of the separate exchanges located in the six state capitals. It is now located in Bridge St in the Sydney CBD.

The biggest stocks traded on the ASX, in terms of their market capitalization, include News Corporation, BHP Billiton, Telstra, and the National Australia Bank. Their ranking changes quite often. The mining sector makes up a relatively high proportion of the market, and comparatively few manufacturing stocks are listed.

The major market index is the ASX200, an index made up of the top 200 shares in the ASX.

The ASX is a public company, and shares in it are themselves traded on its exchange. The corporation's charter however restricts maximum holdings to a small fraction of the company.

External link

Official site

Companies of Australia Stock exchange

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Topics: Australian Stock Exchange, Australian Football League...

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