Six Big Expensive Stocks on the Australian Stock market

Asx price list

There are plenty of shares in the market price range of $150 to $200 per unit in the ASX. These shares are not necessarily market movers, but some of them do contribute to pushing the market up or down due to their daily massive movement in shares and the price of these shares.

In total as of 08/07/2020 there is 2,231 Listed Entities on the Australian stock exchange which has a market capitalisation of $2.15 trillion.

Some of them high prices stocks are not market movers due to the sheer volume of their buys and sells on the market due to being a favourite among funds and also short-term traders.  Some of the shares in the higher end can end up moving markets due to the sheer price range they trade in   for eg, if a fund manager decides to get a big share in Cochlear, you can see it moving the market a bit.

Below we will give you first a list of some of the top priced shares in the ASX and then a list of some of the shares that do massive volumes (buy/sell activity) on a regular basis

 

The Big $$ Stocks on the ASX

 

CSL Ltd $280.50

Closed – 08/07

$131.71 billion

Market Cap

Sector: Health/Medicine

csl health australia

CSL Limited (CSL.ASX) is a global biotechnology company that develops and delivers innovative medicines that save lives, protect public health and help people with life-threatening medical conditions live full lives.

CSL is also involved in research, development, manufacture, marketing and distribution of biopharmaceutical and allied products. CSL’s operating model for its two businesses, CSL Behring and Seqirus.

At this price just 20 units will cost you AUD $5600 without brokerage included.

 

Cochlear Ltd (COH) $193.12

Closed – 08/07

$13.11 billion

Market Cap

Sector: Health/Equipment

cochlear

Cochlear Limited (COH.ASX) is a manufacturer and distributor of cochlear implantable devices for hearing impaired. Cochlear have operations in more than 20 countries distributing its products in America, Asia Pacific, Europe, Middle East and Africa.

It offers three main products namely: Cochlear implants, Baha bone conduction implants and Cochlear Wireless Accessories.

 

Macquarie Group Ltd (MQG) $121.63

Closed – 08/07

$44.38 billion

Market Cap

Sector: Banking/Finance/Investment

maq banking Au

 

Macquarie Group Limited (MQG.ASX) is a global provider of banking, financial, advisory, investment and fund management services, headquartered in Sydney.

 

Commonwealth Bank of Australia (CBA) $70.56

Closed – 08/07

$126.11 billion

Market Cap

Sector: Banking/Finance

CBA Bank Australia

Commonwealth Bank of Australia (CBA.ASX) is Australia’s leading providers of integrated financial services, providing retail, business and institutional banking, funds management, superannuation, life insurance, general insurance, broking services and finance company activities.

Their operations are conducted primarily in Australia and New Zealand. In addition, they also operate in a number of other countries, including the United Kingdom, the United States, China, Japan, Singapore, Hong Kong, Indonesia and South Africa

 

RIO Tinto Ltd (RIO) $95.54

Closed – 08/07

$35.74 billion

Market Cap

Sector: Mining/Reoruces

Mining stocks australia

Rio Tinto Limited (RIO.ASX) is engaged in minerals and metals exploration, development, production and processing. The Company’s Portfolio of assets is condensed into four product groups: Aluminium, Copper & Diamonds, Energy &Minerals and Iron Ore.

 

Wesfarmers Ltd (WES) $45.48

Closed – 08/07

$52.55 billion

Market Cap

Sector: Diversified- Chemicals/Department Stores

Wesfarmers Limited (WES.ASX) is a diversified business operating in supermarkets, department stores, home improvement and office supplies, resources, chemicals, energy & fertilisers and industrials & safety products. WES is headquartered in Western Australia.

Some of the big sectors/industry in the Australian stock market is

  • Financials
  • Materials (Resources)
  • Healthcare

Top Market Movers (volume) Stocks on the ASX

These shares below do large volumes of buy and sells on any particular day on a regular basis contributing to large turnover in the trading on any day in the ASX.  These shares also contribute to the daily markets as the most traded stocks.

These are stable shares that will always have a bit of movement up and down due to being a favourite among not only big funds managers but also retail investors leading to huge buy and sells in the market on a regular basis.

Telstra Corporation Ltd (TLS) $3.42

Closed – 08/07

$40.44 billion

Market Cap

Sector: Telecommunications

telstra Telco AU

Telstra Corporation Limited (TLS.ASX) is a provider of telecommunications and information products and services through its Australian and offshore operations. TLS has a range of businesses namely fixed broadband, mobile, data and IP, network application & services (NAS), digital media and international.

Stocks like Telstra due to their price cannot be termed as “high volume small cap stocks” as the market cap valuation is at $40 Billion even though share price is only $3.42.

 

Westpac Banking Corporation (WBC) $17.84

Closed – 08/07

$65.59 billion

Market Cap

Sector: Banking/Finance

westpac banking bank of NSW

Westpac Banking Corporation (WBC.ASX) is Australia’s oldest banking and financial services group that deals in the provision of financial services including lending, deposit taking, payments services, investment platforms, superannuation and funds management, insurance services, leasing finance, general finance, interest rate risk management and foreign exchange services. It nearly serves around 14 million customers.

 

BHP Group Ltd (BHP) $35.75

Closed – 08/07

$106.35 billion

Market Cap

Sector: Mining/Resources

Bhp mining iron ore

BHP Group Limited (BHP.ASX – formerly BHP Billiton Limited) is a diversified natural resources company producing commodities along with substantial interests in oil and gas. BHP’s principal business lines are mineral exploration and production, as well as petroleum exploration, production and refining. BHP’s assets, operations and interests are separated into Petroleum and Potash, Copper, Iron ore, Coal and Nickel.

Apart from the above list Woolworths and Qantas are two other stocks that attract a  good volume of trading on the ASX on a regular basis


As you can notice from these listings most of these stocks have either a very high market capitalisation, high price value per unit and contribute to large turnover in buy or sells on the market daily therefore moving the needle on the asx on a regular basis.

These stocks can be said to be the big mover of the market direction and can surely change the direction of the market based on large buy and sells of these stocks by fund managers/retail investors.

Let’s have a look at the international markets movers and shakers…


The big guns in similar volume and value in the US markets are shares like Berkshire Hathaway Inc., Amazon Inc, Alphabet Inc and Chocoladefabriken Lindt & Spruengli AG. In the Indian stock market quite surprisingly a motorcycle tyre company “MRF” is known to be the most expensive share @INR 60,000 (AUD $1,148.52) a unit.

Top Most expensive shares in the world (as of July 2020)

  • USA – Berkshire Hathway USD $271,060 per share (BRK.A)
  • INDIA – Madras Rubber Factory USD $876 (MRF)
  • CHINA – Alibaba Group USD $201.15(BABA)
  • UK – Next PLC USD $5913 (NXT)

Do let us know if you know any stocks worth adding or updating to this list and we will endeavour to keep our lists upto date and corrected. Below is some more links for info


 

List Links of value for volume and value of stocks:

https://www.asx.com.au/data/dw_sharesbyvolume.pdf

https://www.asx.com.au/data/dw_sharesbyvalue.pdf

https://www.tradingview.com/markets/stocks-australia/market-movers-active/

https://au.finance.yahoo.com/most-active/

Most active US stocks – https://www.investing.com/equities/most-active-stocks


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