Info for Australian Investors
StockMarketEye supports Australian securities from the Australian Stock Exchange (ASX).
You can also setup your portfolios to be denominated in Australian Dollars.
Ticker Symbols for Australian Stocks
You can search for ticker symbols of the securities you want to track using the "Ticker Symbol" field of the entry window.
Although the first entry in the search results is often from a US exchange, you can see the exchange on which the symbol trades under the name on the right-hand side of the search results.
Yahoo Finance Australian Ticker Symbols
Ticker symbols for securities that trade on non-US exchanges have an exchange suffix added by Yahoo! Finance in order to differentiate them from securities on other exchanges that have the same symbol.
In the case of Australian securities that trade on the ASX, their tickers are suffixed with a “ .AX”. For example, Quantas, whose ticker symbol on the ASX is “QAN”, on Yahoo! Finance is “QAN.AX”. Afterpay on the ASX is “APT” but on Yahoo! Finance is “APT.AX”. BHP Billiton Limited on the ASX is “BHP”, but on Yahoo! Finance is “BHP.AX”.
If you are having problems finding your ticker symbols with the built-in symbol search, you can go to the Yahoo! Finance Australia website and use any symbol you find there directly in StockMarketEye.
MSN Ticker Symbols
MSN Money also has their own system of ticker symbol naming, but their ticker symbols can not be directly entered or searched for in StockMarketEye - You must search by name for the security you are interested in and select it from the dropdown search results list. MSN Money tickers have the green butterfly logo on the left.
Note that Yahoo's data is generally more extensive and complete than MSN Money data. Therefore, we recommend using Yahoo Finance ticker symbols, and only use MSN Money ticker symbols if Yahoo's data for the security you are interested in is incomplete or non-existent.
Setup Portfolios for Australian Dollars
In StockMarketEye, each portfolio has a currency in which the total value of the portfolio is displayed. Within the portfolio, you can have items denominated in different currencies. StockMarketEye will convert the value of those items to the currency of the portfolio, when calculating the portfolio’s total value.
To change a portfolio’s currency, select your portfolio in the Folders list, then click on the "More" menu on the toolbar and select Properties from the dropdown.
On the Properties screen, go to the “Portfolio” tab. Here you can change the "Portfolio Currency" from US Dollars to Canadian Dollars. Click the Apply button for the changes to take effect.
It is best to set the correct currency when you create the portfolio or at the latest, before adding any transactions to the portfolio. Changing the currency after you already have added transactions may lead to inconsistent values due to exchange rate differences (changing the currency of the portfolio does not change exchange rate values of any transactions you have entered). If this happens to you, you can verify the currency and exchange rates of all your transactions in the Transactions report and then modify them if necessary. Finally, you may then need to rebuild the portfolio from the transactions.
Dividends and Franking
The dividend entry window allows you to record the franked amount of a dividend. When entering dividends, you should enter the entire dividend amount in the standard dividend fields ("Amount per Share", "Distribution Total", etc) and the franked amount in the "Credits/Franking" field.
StockMarketEye does not use the franked amounts in any calculation. However, you can use the Total line in the Transactions report to see a total of the recorded franking amounts. The franked amounts will be shown in the "Credits" column. (How to add columns to a table in StockMarketEye.)
Default Currency Settings
By default, StockMarketEye creates portfolios with US Dollars as the currency. You can change this, as well as the currency used in the top-level "Portfolios" group, to use Australian Dollars.