Date: Feb 2, 2018
Shares of Sabre Resources Limited (ASX:SBR) last traded at 0.022, representing a move of -4.348%, or -0.001 per share, on volume of 14,125 shares. After opening the trading day at 0.022, shares of Sabre Resources Limited traded in a close range. Sabre Resources Limited currently has a total float of 251.45 million shares and on average sees 325,650 shares exchange hands each day. The stock now has a 52-week low of 0.008 and high of 0.028.

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 Sabre Resources Limited. 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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