ASX Today: 03/04/2024 – Forbes Advisor Australia

ASX Today: 03/04/2024 – Forbes Advisor Australia

The Australian Stock Exchange (ASX) uses the Global Industry Classification Standard (GICS) method of categorising companies, which is simply a system for allocating every public company to the relevant economic sector and industry group. In total, the ASX is broken up into 11 sectors. These sectors are (in order of size) Materials: The materials sector, as the name suggests, is made up of materials, metals and mining companies. It also includes the chemical industry; the construction packaging industry; the container …