The S&P/ASX 200 Index is home to the largest companies on the Australian share market, accounting for around 80 per cent of Australia’s stock market capitalisation.
Because the ASX 200 is a market capitalisation weighted index, it is dominated by the largest companies. These are commonly referred to as ASX blue chip stocks.
As at 31st March 2018, the top 10 companies in the ASX 200 and their weightings were…
|ASX Code||Company Name||Weighting|
|ASX:CBA||Commonwealth Bank of Australia||8.17%|
|ASX:WBC||Westpac Banking Corp||6.29%|
|ASX:BHP||BHP Billiton Limited||5.85%|
|ASX:ANZ||Australia and New Zealand Banking Group||5.07%|
|ASX:NAB||National Australia Bank Ltd.||5.00%|
|ASX:TLS||Telstra Corporation Ltd||2.43%|
|ASX:WOW||Woolworths Group Ltd||2.25%|
|ASX:MQG||Macquarie Group Ltd||2.11%|