Like share markets all over the world, the ASX slices the universe of stocks trading on the exchange into indexes of various size stocks. These slices provide benchmark standard for all investors to assess the performance of a targeted stock against a comparison of similar stocks by size..
The ASX 300 Index (XKO)
The ASX 300 XKO adds 100 stocks to its flagship index, the ASX 200 XJO. Both indexes use market capitalisation as a metric for inclusion in the index. The ASX 200 begins its market capitalisation requirement for entry at $380 million, while the ASX 300 lowers the entry standard to $100 million.
While the ASX 200 is a good comparison benchmark for large blue chip “mega cap” stocks and mid cap stocks, the ASX 300 XKO is the benchmark to use for comparison of small cap stocks.
Both the ASX 200 and the ASX 300 are constructed by a committee including members of Standard & Poor’s (S&P) and the Australian Securities Exchange (ASX). Unlike the ASX 200 where the index membership is rebalanced quarterly based on changes in market capitalisation, the ASX 300 is rebalanced twice a year.
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ASX 300 Index (XKO) Live Chart
ASX 300 Index (XKO) Forecast
Due to the weighting of huge blue cap stocks like Commonwealth Bank of Australia (CBA) with a market cap of $265 billion dollars, the performance of the ASX 200 is heavily influenced by the stocks at the top of the list. The 2025 forecast for the ASX 300 will follow the forecast for the ASX 200 to a large extent. Global investment banks Morgan Stanley and UBS are bullish on the performance of the ASX in 2025.
ASX 300 Index (XKO) Performance
Top ASX 300 (XKO) Stocks
