The broadest index in the Australian equity market is the:

Question

Quizplus · Accepted Answer

The ASX All-Ordinaries represents the value-weighted movements of approximately 500 shares in the Australian equity market,and hence is the broadest index of those listed.In contrast,the S&P/ASX 200 and S&P/ASX 50 are equity indices representing 200 and 50 stocks respectively and hence are said to be narrower than the All-Ordinaries index.Finally,the Consumer Price Index (CPI)is a measurement of the prices of goods and services,and hence is not an equity index.

The Broadest Index in the Australian Equity Market Is The S&P/ASX200\mathrm{S} \& \mathrm{P} / \mathrm{ASX} 200S&P/ASX200

The Broadest Index in the Australian Equity Market Is The $\mathrm{S} \& \mathrm{P} / \mathrm{ASX} 200$