Among the following, which is the broadest measure of stock prices in Australia?

Question

Quizplus · Accepted Answer

The S&P ASX 200 index is the broadest measure of stock prices in Australia, as it tracks the performance of the largest 200 companies listed on the Australian Securities Exchange (ASX). The FTSE index tracks the performance of companies listed on the London Stock Exchange, not Australian companies. The Hang Seng index tracks the performance of companies listed on the Hong Kong Stock Exchange, not Australian companies. The Dow Jones industrial index tracks the performance of 30 large American companies, not Australian companies. The Nikkei index tracks the performance of companies listed on the Tokyo Stock Exchange, not Australian companies.

Among the Following, Which Is the Broadest Measure of Stock