ASX Lists 2022
How many company listed in ASX?
At the time of writing, there are more than two thousands listed companies in ASX. Most of the market value is made up of top 200 listed companies based on market capitalisation. There are many indices track the ASX performance. these include ASX 20, ASX 50, ASX100, ASX 200 and ASX 300. Most popular indexes are ASX 100, ASX 200 AND ASX 300.
The ASX now has daily turnover of A$5.6 billion and processes 1.3 million trades every day. It is no doubt, ASX is one of the busiest stock market in the world. The ASX is currently trading at a 20.2 times Price Earnings (PE) multiple, against a long-term average of 17.6 times PE and a current 17.8 times PE multiple for the NYSE.
Stocks are grouped into sectors using Global Industry Classification Standard sectors (GICS). These sectors include:
- Metals/Mining – these include some of the world’s largest resource companies (such as BHP Billiton and Rio Tinto) as well exploration service companies.
- Materials – including building materials, chemicals, fertilisers and agricultural commodities.
- Financials – including banks, insurance companies, asset managers and a range of other financial services providers.
- Consumer Discretionary – including a large range of companies including media, gambling and general retailers.
- Consumer Staples – including companies the focus on production and distribution of food and beverages.
- Utilities – including large electricity and gas retailers as well as smaller utility providers.
- Energy – including explorers and producers of energy resources including oil, gas and renewable energies.
- Health Care – including medical practice companies, pharmaceuticals, pathology companies, medical device companies and biotechnology.
- Information Technology – includes software developers and IT consultancies. Companies in this sector tend to be small to medium-sized businesses.
- Real Estate – includes companies and investment trusts solely focused on residential, commercial and industrial real estate.
- Telecommunications Services – includes telecommunication carriers, distributors and resellers.
Among those sectors, Financial and Ming are by far the biggest two sectors. Financial Services companies make up 28.1% of the ASX 200, while Ming companies make up 20.1%. Healthcare is the next highest concentration, making up 9.9% of the benchmark.
ASX Investment Return
The compound return from the All Ordinaries Total Return index (ASX: XAOA) from June 1979 (when it started) to end June 2020 is 11.49%.Over the previous year from June 2019 to June 2020 it was 7.77%. Over the previous five years, it was minus 6.21%. Over the previous ten years, it was 7.77%. Over the previous twenty years, it was 7.41%.Over the previous thirty years, it was 9.05%.
Since the index started, ASX 20 has annual return of 3.17% p.a. excluding dividends or 7.56% including dividends up to December 2020. Average dividend yield of these 20 stocks is 2.94% and average PE is 29.20.
Since the index started, ASX 50 has annual of 3.48% p.a. excluding dividends or 7.79% including dividends up to December 2020. Average dividend yield of these 50 stocks is 2.76% and average PE is 36.5.
Since the index started, ASX 100 has annual return of 3.86% p.a. excluding dividends or 8.15% including dividends up to December 2020. Average dividend yield of these 100 stocks is 2.93% and average PE is 41.15.
Since the index started, ASX 200 has annual return of 3.72% p.a. excluding dividends or 7.97% including dividends up to December 2020. Average dividend yield of these 200 stocks is 3% and average PE is 55.40. ASX 200 has the highest dividend yield (more than 4%) compared with other world indexes like FTSE 100, Euro Stoxx, MSCI World, S&P 500, Shanghai comp and Nikkei 225.
Since the index started, ASX 300 has annual return of 3.71% p.a. excluding dividends or 7.93% including dividends up to December 2020. Average dividend yield of these 300 stocks is 3.04% and average PE is 57.10.
How to invest in ASX?
Just like any other share markets in the world, you simply open a trading account with one of the stock brokers and then you can start buy and sell stocks in ASX. In terms of what to buy, there are many way to invest, it all comes down to personal investment strategies, risk tolerant level, investment time frame and asset allocation.
Apart from buying individual stock, you can also buy List Investment Companies (LIC) or Exchange Traded Funds (ETF). They all have their own trading code. You just need to buy and sell like a normal stocks.
Bear in mind, each investment product has different risk level, we commend do you own research before put your own money in. There are plenty of information including this website, but it is your own investment. One person’s strategy may not work work the other person.
ASX Top 10 Companies
Top 10 companies based on market capitalisation are subject to change to due their stock price fluctuate on a daily basis. Here are the top 10 companies at the time of writing:
- Commonwealth Bank of Australia (CBA)
The CBA is Australia’s largest residential lender and is also best regarded as the country’s premier retail bank. It’s worth more than $150 billion.
- BHP Group (BHP)
BHP is the ASX’s second largest list company at the moment. BHP is a multinational mining behemoth with a market capitalisation of about $134 billion. It specialises in the discovery and processing of commodities like coal, gold, copper, and iron ore, as well as the exploration and refining of petroleum.
- CSL (CSL)
In Australia’s biotechnology industry, CSL is a market leader. The company produces, manufactures, and markets human pharmaceutical and diagnostic products made from human plasma, with a market capitalisation of $116 billion.
- Westpac Banking Corporation (WBC)
Westpac, Australia’s second largest bank by market capitalisation, offers commercial banking services both domestically and internationally to individuals, companies, organisations, and institutions.
- National Australia Bank (NAB)
The National Australia Bank is the third largest of Australia’s Big Four banks, with a market capitalisation of $86 billion.
- Australia and New Zealand Banking Group (ANZ)
The ANZ, the smallest of the big four banks, makes a large portion of its money from institutional services.
- Fortescue Metals Group (FMG)
Fortescue Metals Group Ltd (FMG) is an iron ore production and exploration company with assets located in the Pilbara region of Western Australia.Fortescue currently has a market capitalisation of about $62.5 billion. FMG’s market capitalisation has gone up a lot thanks to the rising iron ore price.
- Wesfarmers (WES)
Perth’s Wesfarmers Ltd is the eighth largest firm on the ASX, with a market capitalisation of $57 billion. It is the owner of well-known store Bunnings.
- Macquarie Group (MGQ)
Macquarie Group is Australia’s biggest investment bank, with a global footprint. It is also known as millionaire’s factory.
- Woolworths Group (WOW)
Woolworths Group, Australia’s largest grocery retailer, specialises in the running of supermarkets and general consumer stores. Market capitalisation puts the company’s value at about $50 billion.