Date: Mar 19, 2018
Shares of Neometals Ltd (ASX:NMT) last traded at 0.345, representing a move of -1.429%, or -0.005 per share, on volume of 586,190 shares. After opening the trading day at 0.355, shares of Neometals Ltd traded in a close range. Neometals Ltd currently has a total float of 540.73 million shares and on average sees 718,923 shares exchange hands each day. The stock now has a 52-week low of 0.245 and high of 0.505.

S&P/ASX 200: Directing Asian Economy Growth

CG Watch has recently named Australia as one of the Asian nations with the best corporate governance, which is essential in carrying out national economic growth prospects. The Australian Securities Exchange (ASX) is the perfect reflection of Australia’s thriving national economy.

It includes companies with perfect liquidity like Neometals Ltd. The ASX is one of Asia’s leading stock exchanges. As of 2014, it has a market capitalization of A$1.60 trillion with over 2,000 companies listed on it. Its benchmark index is the S&P/ASX 200, which weighs its top 200 stocks on a free-float market capitalization basis.

About the S&P/ASX 200

The S&P/ASX 200 was launched in April 2000, starting at 3,133.30 points. Regardless, it continues from the history of the previous Australian benchmark index, All Ordinaries, which was founded in January 1980. Consequently, the S&P/ASX 200 holds an all-time low of 1,358.50 points, which was recorded in November 1992; and an all-time high of 6,828.70 points, which was posted in November 2007.

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