Established in January 1980, the All Ordinaries or All Ordinaries Index (known colloquially as the All Ords) is the oldest stock index in Australia, so called because it contains nearly all ordinary (or common) stock listed on the Australian Securities Exchange (ASX). Its creation coincided with the establishment in September 1987 of the then Australian Stock Exchange (now ASX following a merger with the Sydney Futures Exchange in July 2006) from six separate state-based exchanges in the capital cities of Sydney, Melbourne, Brisbane, Perth, Adelaide, and Hobart. [Source: Encyclopedia of Business in Today's World; All Ordinaries Index]
All Ordinaries Index
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international finance