What's the new ASX 200 record intraday high?

It's the kind of record investors – save short sellers, perhaps – love to see reset. At the time of writing in morning trade on Friday, the ASX 200 is up 0.3% at 7,718.4 points. That's down from 7,737.4 points just a few minutes ago, which as of now, stands as the new ASX 200 record intraday high.

What is the ASX 200 based on?

It is based on the 200 largest ASX listed stocks, which together account for about 82% (as of March 2017) of Australia's share market capitalisation. The ASX 200 was started on 31 March 2000 with a value of 3133.3, equal to the value of the All Ordinaries at that date.

Will the ASX 200 reach a new closing high?

The ASX 200 reached an intraday high of 7,703.8 points on the day and notched a record closing high of 7,699.4 points. That means if the benchmark index can maintain its current levels, or rises higher, today will also usher in a new closing high. And, pleasingly, these records have been resetting fast of late.