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Blue and Green Chip Shares

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13 November 2006
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Where do we find out which companies are blue/green chip and which are speculative?

A greenie question - I am an economics student trying to complete an assignment.

Thanks.
 
From: http://www.dollarsandsense.com.au/Forum/session.asp?SessionID=14



The ASX 20 or maybe even some of the 50 would be classified as blue chip stocks.
Some stats on the ASX, which are probally a year out of date now:

Total market capitalisation: $1,200,000mn
Number of listed companies: over 1800
Average share price: $3.50
Average trade value: $30,000
Average daily turnover: $4.5bn
Size structure: Market capitalisation
News Corp. and BHP Billiton: >$100bn each
ASX20 capitalisation: $565bn (47% of total)
Fosters Group (20th): $12bn
ASX50 capitalisation: $756bn (63%)
ASX100 capitalisation: $887bn (74%)
David Jones (147th): $1.3bn
ASX200 capitalisation: $969bn (81%)

As you can see the top 20 make up almost 50% of the market of 1800 companies, so they are large blue chip stocks.You wont find an exact list of what is Blue Chip as it is an objective term.