Shanghai Composite Index (SSEC)

QUOTE AND NEWS
The Economic Times  Jun 7  Comment 
The blue-chip CSI300 index rose 1.2 percent, to 3,533.87 points. Shanghai Composite Index also advanced 1.2 percent to 3,140.32 points.
The Economic Times  Jun 2  Comment 
CSI300 index fell 0.3 per cent to 3,486.51 points, while the Shanghai Composite Index added 0.1 per cent to 3,105.54.
The Economic Times  Jun 1  Comment 
CSI300 index finished 0.1 per cent higher at 3,497.74 points, while the Shanghai Composite Index lost 0.5 per cent.
The Economic Times  May 17  Comment 
CSI300 index fell 0.5 per cent, to 3,409.97 points, while the Shanghai Composite Index lost 0.3 per cent to 3,104.44 points.
The Economic Times  May 15  Comment 
The blue-chip CSI300 index rose 0.4 per cent to 3,399.19 points, while the Shanghai Composite Index added 0.2 per cent to 3,090.23 points.
The Economic Times  May 9  Comment 
The blue-chip CSI300 index fell 0.2 per cent, to 3,352.53 points, while the Shanghai Composite Index added 0.1 per cent to 3,080.53 points.
The Economic Times  May 5  Comment 
The blue-chip CSI300 index fell 0.6 per cent, to 3,382.55 points, while the Shanghai Composite Index dropped 0.8 per cent to 3,103.04 points.
The Economic Times  May 2  Comment 
The blue-chip CSI300 index fell 0.4 per cent, to 3,426.58 points, while the Shanghai Composite Index dropped 0.3 per cent to 3,143.71 points.
MarketWatch  Apr 26  Comment 
The Shanghai Composite Index resembles the U.S. tech bubble of 2000, says Ivan Martchev.




 
TOP CONTRIBUTORS

The SSE composite index comprises of all the A shares and B shares listed on the Shanghai Stock Exchange. The index can be tracked all the way back to Dec 19, 1990 and to a price of 100. Index trade volume is scaled down by a factor of 1000.

Weighting and Calculation

SSE Indices are all calculated using a Paasche weighted composite price index formula[1], similar to the CSI 300 Index. This means that the index is based on its base period for its calculations as compared to certain other exchanges, like the DAX, which base their calculations on the previous period (the laspyres price index calculation). [2]

Composite Indices and Sector Indices are weighted by shares.

  • The formula is:

Current index = Current total market cap of constituents × Base Value / Base Period

Total market capitalization = ∑ (price × shares issued)[3]

  • The B share stocks are generally denominated in US dollars for calculation purposes. For calculation of other indices, B share stock prices are converted to RMB at the applicable exchange rate (the middle price of US dollar on the last trading day of each week) at China Foreign Exchange Trading Center and then published by the exchange.

Composition

The total number of companies on the composite index is 872[4]. Listed Below are the top 50 companies on the composite (They also comprise the SSE 50).[5].

References

  1. Paasche and Laspeyres price indices
  2. Paasche and Laspeyres price indices
  3. SSE Composite Index Methodology
  4. Components for SSE Composite Index
  5. Components of the SSE 50
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