What is the All Ords?

[Fangblade1]

I've seen the news where they show you the all ords and currency rates etc etc but I never paid attention to it.

What is all ords and what does it mean when it goes up and down on the charts? How does it affect your investment/shares?

On the chart there are bottom numbers of 10, 12, 14, 16 and on the side there's 4870, 4880, 4890, 4900, 4910, 4920. What do these numbers represent?


I know this is another silly question of mine, hopefully it wont take to long to explain to a noob like me.


Thank in advance guys.

 

[Country Lad]

Questions like this on an investment or share forum give the appearance of you having a lend of us, but I will treat them as serious.

For questions like this you will find initial answers when you google.

For example from Investopedia

The All-Ordinaries Index is market weighted and includes over 300 companies. For a company to be included in the index, they must meet the requirements established by the ASX. For example, a stock must have a market value of over 0.2% of all equities listed on the exchange. Furthermore, the stock must be liquid, with a monthly turnover of 0.5% of its total outstanding shares. The ASX rebalances the index each month, ensuring companies still meet these requirements.

All the details including the constituents are on the S&P site which can also be found by googling.

http://au.spindices.com/indices/equity/all-ordinaries

On the chart there are bottom numbers of 10, 12, 14, 16 and on the side there's 4870, 4880, 4890, 4900, 4910, 4920. What do these numbers represent?

Bottom axis is time of day and vertical axis is the index value.

Cheers
Country Lad