CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please refer to our Risk Disclosure Statement
The Australia 200 (ASX 200) is considered Australia's leading share market index that measures the performance of the top 200 companies. It is listed on the Australian Securities Exchange (ASX) by means of float-weighted market capitalisation. Since April 2000 it has become the principal investment benchmark in Australia. The number of companies, listed in this index, is variable and should not necessarily comprise of exactly 200. Its composition is revised quarterly. The high rate of market representation is responsible for the two major functions of the ASX 200 index: providing a benchmark for the stock market and giving investors a highly liquid and tradable index.
While the Magnificent Seven have dominated market momentum in recent months, it’s not true that they are the sole drivers of the recent rally in equity markets.
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