All Ordinaries get a facelift

Technology counterparts such as Eisa, Lake Technology, One.Tel and Spike Networks also made the top 500 grade.

The expanded All Ords lists the top 500 companies using market capitalisation only as an eligibility requirement. Previously, the number of companies included in the index was determined on market capitalisation and liquidity. At the close of market on Friday, 249 stocks made up the All Ords.

According to the ASX, the main purpose of the new index, which will cover 99 per cent of listed companies as opposed to the former All Ords which covered 90 per cent, is to measure the price performance of the market.

Coinciding with the launch of the new index was the introduction of the ASX's six benchmark indices: the ASX20, 50, 100, 200, 300, and the Small Ordinaries index. The Small Ordinaries is made up of the ASX300 excluding the companies within the ASX100.

Online stockbroker Etrade, internet domain name registry Melbourne IT, and telco Open Telecommunications made the ASX200, while software developer Technology One, mobile communications company Cellnet, and web advertising company BMC Media were listed in the top 300 companies.

Telcos Cable & Wireless Optus and Telstra were listed in the ASX20, while counterparts AAPT and Hutchison Telecommunications were listed among the ASX100.

At the close of trade yesterday the new All Ords were up almost 50 points or 1.59 per cent to 3183.http://www.asx.com.au

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

David Smedley

PC World

Comments

Comments are now closed.

Latest News Articles

Most Popular Articles

Follow Us

GGG Evaluation Team

Kathy Cassidy

STYLISTIC Q702

First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.

Anthony Grifoni

STYLISTIC Q572

For work use, Microsoft Word and Excel programs pre-installed on the device are adequate for preparing short documents.

Steph Mundell

LIFEBOOK UH574

The Fujitsu LifeBook UH574 allowed for great mobility without being obnoxiously heavy or clunky. Its twelve hours of battery life did not disappoint.

Andrew Mitsi

STYLISTIC Q702

The screen was particularly good. It is bright and visible from most angles, however heat is an issue, particularly around the Windows button on the front, and on the back where the battery housing is located.

Simon Harriott

STYLISTIC Q702

My first impression after unboxing the Q702 is that it is a nice looking unit. Styling is somewhat minimalist but very effective. The tablet part, once detached, has a nice weight, and no buttons or switches are located in awkward or intrusive positions.

Resources

Best Deals on GoodGearGuide

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?