ASX Limited (ASX)
Have you ever wanted to invest in an actual stock exchange? Well here is the solution!
Log in to view ASX Limited (ASX) shares
on EasyEquities Australia
Backdrop and Fundamentals
ASX Limited (ASX) operates Australia’s primary stock exchange.
The company was listed in 1998 and is headquartered in Sydney, Australia.
Their main service offering is the provision of securities exchange services and the associated ancillary services.
ASX also innovatively provides market data solutions coupled with investor education courses.
I like the idea of the investor education courses as it looks at creating further income for the company by providing users with the knowledge to use their platform. The more people understand a product (investing), the more likely they will end up investing more.
- ASX current share price = A$80.42
- Market cap = $15.77 Billion
- PE Ratio = 31.22
- Dividend yield = 2.92% (So it is also a good dividend play= easy passive income).
- Year-to-Date performance= +3.68
ASX Limited’s main shareholders include major corporations such as HSBC, JP Morgan, BNP Paribas and Citicorp. The largest shareholder is currently HSBC with a 23.71% shareholding.
Log in to view ASX Limited (ASX) shares
on EasyEquities Australia
Informed decisions
Like any stock exchange, they make most of their revenue through transactions. The greater the volume of trades, the better for the exchange company. As more and more retail investors start their investment journey, I believe stock exchanges will benefit from it.
With the launch of EasyEquities Australia, I expect that to also contribute to much greater volumes in trades in Australia over the long term. Having access to various markets has never been this easy!
Another easing fact is the fact that stock exchanges have now been around for decades and will continue for many more. This is a “safe” bet in my opinion.
This is not a high growth stock, so don’t expect your money to double overnight, but it could be a great diversification option. This a long-term play that will pay you yearly dividends, if you decide to invest.
New to investing
and want to know more about Australian stock additions?
Read: Kogan: kings of diverse business and Aussie Aussie Aussie, Oi Oi Oi!
Higgo van Biljon
Easy user, Founder & CEO FinMeUp
Any opinions, news, research, reports, analyses, prices, or other information contained within this research is provided by Higgo van Biljon, Founder and Chief Executive Officer of FinMeUp as general market commentary, and does not constitute investment advice for the purposes of the Financial Advisory and Intermediary Services Act, 2002. First World Trader (Pty) Ltd t/a EasyEquities (“EasyEquities”) does not warrant the correctness, accuracy, timeliness, reliability or completeness of any information (i) contained within this research and (ii) received from third party data providers. You must rely solely upon your own judgment in all aspects of your investment and/or trading decisions and all investments and/or trades are made at your own risk. EasyEquities (including any of their employees) will not accept any liability for any direct or indirect loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on the market commentary. The content contained within is subject to change at any time without notice.
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