Australia 200 (S&P/ASX 200) CFD Trading*
S&P/ASX 200 is the major Australia’s stock market index that is tracked by traders worldwide. Interested? Start trading Australia 200 CFDs with FXOpen today.
Australia 200 (S&P/ASX 200) Live Data
Use our Australia 200 price chart to get the insight into the recent performance and live prices of the S&P/ASX 200 index. It can help you make informed decisions at home or on the go – no matter if you use the TickTrader desktop platform, web terminal, or mobile app. Our real-time chart includes the very latest prices, historical data, and technical analysis tools to help guide your next trade.
What Is Australia 200 (S&P/ASX 200) CFD Trading?
Australia 200 CFD trading involves buying and selling Contracts for Difference (CFDs) based on the S&P/ASX 200 index. The S&P/ASX 200 (XJO or AS51), often simply referred to as the ASX 200, is Australia's benchmark stock market index. It reflects the performance of the 200 largest companies listed on the Australian Securities Exchange (ASX).
CFDs on the Australia 200 allows traders to speculate on the price movements of the index without owning the actual underlying assets and regardless of the price direction, either the market rises or falls. FXOpen offers its traders instant trade execution, spreads from 0.0 pips, and zero commissions.
Historical Price Performance of the S&P/ASX 200 Index
If you check the S&P/ASX 200 price chart, you will see few sharp price changes. Here are the most significant index moves:
The Australian stock market index faced a sharp downturn during the 2008 global financial crisis, characterised by a credit crunch, banking failures, and a severe economic recession. The index lost a substantial part of its value, plunging from 6,800 to 3,200 points.
Following the global financial crisis, the AS51 price embarked on a recovery path. Central bank interventions, stimulus measures, and accommodative monetary policies contributed to a gradual rebound. The index experienced bouts of volatility driven by external factors such as geopolitical tensions, changes in commodity prices, and shifts in global economic conditions.
At the beginning of 2020, the ASX 200 stock market index, like many global indices, faced a sharp decline in response to the uncertainty and fear surrounding the COVID-19 pandemic. The pandemic's rapid spread led to widespread market panic. However, the fall lasted only two months. The index managed to recover quickly.
Major Factors That Affect the S&P/ASX 200 Index
ASX 200 performance today is determined by many factors:
Economic indicators, such as GDP growth, employment figures, inflation rates, consumer confidence, and interest rates set by the Reserve Bank of Australia (RBA), have a significant impact on the Australian stock exchange index. Positive economic data and low interest rates can boost investor confidence and drive the index higher.
The financial performance of companies that make up the ASX 200 directly affects its value. Strong earnings reports from key companies can drive the index price higher, while disappointing results can lead to price falls.
Australia’s economy highly depends on exports of commodities like iron ore, coal, oil, and gas. Fluctuations in commodity prices can impact the profitability of resource companies, which are prominent components of the Australian stock market index.
Global economic events and trends can affect the index. Factors like trade tensions, geopolitical events, and global economic growth can influence investor sentiment.
Government policies and regulations, including tax policies, trade agreements, and industry regulations, can have both direct and indirect effects on the ASX 200 by influencing business operations and investor sentiment.
*Australia 200 is the FXOpen version of the S&P/ASX 200 index.