Share on Facebook Share on Twitter Email
Answers.com

Kangaroos

 

Slang term for Australian stocks, it refers mostly to the stocks on the All Ordinaries index, which is composed of 280 of the most active Australian companies.

Investopedia Says:
Kangaroos are one of the most recognizable symbols of Australia, outside of Mel Gibson and Nicole Kidman of course.

Related Links:
If you're new to the stock market and want the basics, this is the tutorial for you! Stock Basics Tutorial


Search unanswered questions...
Enter a question here...
Search: All sources Community Q&A Reference topics

Nickname for Australian stocks. The term normally refers to stocks in the All Ordinaries Index and refers to the animal most closely associated with Australia.

 
 

 

Copyrights:

Investment Dictionary. Copyright ©2000, Investopedia.com - Owned and Operated by Investopedia Inc. All rights reserved.  Read more
Financial & Investment Dictionary. Dictionary of Finance and Investment Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved.  Read more