Investor Glossary-kangaroosInvestor Glossary-kangaroosInvestor Glossary-kangaroosInvestor Glossary-kangaroosInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Kangaroos

The HTML to link to this page
 

Kangaroos are Australian stocks. They are so-named because of the famous jumping mammal that lives Down Under. More specifically, kangaroos are the stocks on the All Ordinaries index, which includes more than 300 of the largest and/or most active companies on the Australian Stock Exchange. The capitalization of kangaroos on the All Ordinaries index makes up about 95 percent of the value of shares on the exchange. There are numerous other indexes calculated from the exchange's kangaroos, such as the All Industrial index and the 50 Leaders index, but the All Ordinaries is the most representative index of Australia's kangaroos. The All Ordinaries index was established in 1980, and the value of its kangaroos is calculated and published every day.



Rate this kangaroos definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: real GDP, inflation, phantom income, liquidity ratio, per diem, retained earnings, FICO score, Key Rate Duration, Zero Cost Collar, deferred tax, covered put, labor relations, irrevocable trust, ex-dividend date, minority interest, option premium, command economy, 1031 exchange, 1035 exchange, 401a, dividends payable, risk management, current ratio, LIBOR, balance sheet, open position, VIX, implied volatility, EBITDA, in escrow, 144a, margin rate, stock market close, quality assurance, reverse mortgage, stock split, diluted share, wholly-owned subsidiary, required rate of return, average price per share, debt service coverage, APR, annual return, ex-dividend, cancelled check, deferred revenue, FTSE, limit order, class C shares


Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
Investor Glossary Index >>> # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
©2004-2014 Investor Glossary - All rights reserved - Terms of Use