The ‘All Ords’ is an index measuring the share prices of the largest 500 or so companies listed on the Australian Stock Exchange. The All Ords measures the overall performance at a set point in time. You will normally see the All Ords reported in the news each night as it shows the movement of the market for the day. “The All Ords closed higher today…”. Other countries have their own indices such as the Dow Jones in the US and the FTSE in the UK.