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When the ASX 200 was created in 2000, it began with a value of 3,133.3 points, equal to the value of the broader All Ordinaries index at the time.
You can buy and sell shares in any of the individual companies listed on the ASX but if you want to get exposure to all of the companies on an index like the S&P/ASX 200, then you can do so through a single trade and with an exchange traded fund (ETF).
In terms of history and novelty, no stock index takes precedence over the Dow Jones Industrial Average.
Technically, there are more than 500 stocks included in the S&P 500 right now.