What is the ASX 20?

Submitted by Share Trading on 9 March, 2010 - 18:22

The S&P/ASX 20 (XTL)

The S&P/ASX 20 highlights the 20 largest stocks by market capitalization in the Australian equities market. The ASX 20 index has a stock ticker code of XTL. It is comprised of the 20 largest stocks by market capitalisation in Australia, emphasising liquidity and investability. Index constituents are drawn from eligible companies listed on the Australian Stock Exchange. The S&P/ASX 20 is the narrowest, and the core component, of the Australian indices that could be used as building blocks for portfolio construction.

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