ASX 50

The ASX 50 is a stock market index that tracks the 50 largest publicly listed companies on the Australian Securities Exchange (ASX) by market value. It serves as a key indicator of the overall health and performance of Australia's major companies, encompassing diverse industries such as finance, resources, and healthcare. Investors and analysts use the ASX 50 to gauge economic trends, make investment decisions, and compare the performance of Australian stocks against other markets. Essentially, it provides a snapshot of the country's top-performing companies and market sentiment.