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Get breaking Business News and the latest corporate happenings from AOL. From analysts' forecasts to crude oil updates to everything impacting the stock market, it can all be found here.
The S&P/ASX 50 Index is a stock market index of Australian stocks listed on the Australian Securities Exchange from Standard & Poor's. It is a part of the S&P Global 1200 . While the "ASX 50" often simply refers to the 50 largest companies by market capitalisation , the S&P/ASX 50 Index is calculated by using the S&P Dow Jones Indices market ...
Today, ASX has an average daily turnover of A$4.685 billion and a market capitalisation of around A$1.6 trillion, making it one of the world's top 20 listed exchange groups, and the largest in the southern hemisphere. ASX Clear is the clearing house for all shares, structured products, warrants and ASX Equity Derivatives.
A potential buyer bids a specific price for a stock, and a potential seller asks a specific price for the same stock. Buying or selling at the Market means you will accept any ask price or bid price for the stock. When the bid and ask prices match, a sale takes place, on a first-come, first-served basis if there are multiple bidders at a given ...
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On 17 May 2019 the shares closed on the ASX at $3.56 up from a twelve-month low of $2.547 per share [98] In February 2014, Telstra raised its dividend from 14c to 14.5c per share. [99] Amid the global pandemic crisis of the coronavirus in 2020, Telstra was one of three companies of the ASX 200 to gain in the week starting 15 March.
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