Australia: Share Price Index
(measure: index points, source: The Organisation for Economic Co-operation and Development (OECD))
* indicates monthly or quarterly data series
Share Price Index in Australia, August, 2019:
For that indicator, The Organisation for Economic Co-operation and Development (OECD) provides data for Australia from 1960 to 2019. The average value for Australia during that period was 39.15 index points with a minumum of 3.4 index points in December 1960 and a maximum of 122.3 index points in July 2019.
Click on the following link to see the values of Share Price Index around the world.
Measure: index points
Source: The Organisation for Economic Co-operation and Development (OECD)
Source: The Organisation for Economic Co-operation and Development (OECD)
Definition: Share price indices are calculated from the prices of common shares of companies traded on national or foreign stock exchanges. They are usually determined by the stock exchange, using the closing daily values for the monthly data, and normally expressed as simple arithmetic averages of the daily data.
A price index measures changes in the market capitalization of the basket of shares in the index.
Share price indices reflect the corporate sector's underlying profit and growth record and also act like a barometer of investor confidence in the state of industry and the economy.
