Australian Vanadium Limited (AVL) Plunges -2.38% on Jun 5
Date: Jun 6, 2018
Shares of Australian Vanadium Limited (ASX:AVL) last traded at 0.041, representing a move of -2.38%, or -0.001 per share, on volume of 2.45M shares. After opening the trading day at 0.043, shares of Australian Vanadium Limited traded in a close range. Australian Vanadium Limited currently has a total float of 1.60B shares and on average sees 10.68M shares exchange hands each day. The stock now has a 52-week low of 0.013 and high of 0.058.
Why More Investors Are Looking Into S&P/ASX 200 Stocks
Australia takes pride with good corporate governance, which is why it is one of Asia’s fastest growing economies today. A nation’s good corporate governance improves its growth potentials as it lures domestic and foreign investors alike to bank on its equity market. CG Watch, which publishes ranks top Asian markets in terms of corporate governance biannually, has included Australia in its recent list.
The Australian Equity Market
Australian Vanadium Limited is traded on the The Australian Securities Exchange (ASX) one of the biggest stock exchanges in Asia. And Australian Vanadium Limited also included in its list. As of May 2014, over 2,000 companies are listed on the ASX, boasting with a total market capitalization of almost A$2 trillion.
One of the benchmark indices in Australia is the S&P/ASX 200, which tracks as much as 200 most actively traded stocks on the ASX.
The S&P/ASX 200
The S&P/ASX 200 carries on from All Ordinaries, which was formed in January 1980 to serve as the main Australian benchmark index, when it was established in April 2000. It had started at 3,133.30 points.
