S&P/ASX 20 highlights the 20 largest stocks by market capitalization in the Australian equities market. Index constituents are drawn from eligible companies listed on the Australian Stock Exchange. 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.
Index constituents exhibit the following characteristics:
Weighting – Market capitalization
Public Float – Adjusted for available shares
Index Governance and Policy
This index is maintained by the S&P Australian Index Committee, comprised of five members representing both the Australian Stock Exchange and Standard & Poor's. They follow a set of published guidelines and policies that provide the transparent methodologies used to maintain the indices.
S&P Index Watch is designed for organisations seeking to obtain and/or redistribute official Standard & Poor's verfied S&P/ASX index values for the entire array of Australia's benchmark S&P/ASX indices.