Shanghai Composite Index (SSEC)

QUOTE AND NEWS
The Economic Times  Oct 16  Comment 
The Shanghai Composite Index rose 0.6 per cent to 2,387.02 points by midday. The CSI300 of the leading Shanghai and Shenzhen A-share listings also gained 0.6 per cent.
Yahoo  Oct 16  Comment 
Mounting concerns over global growth led to heavy declines in global stock indices over the past month, but the Shanghai Composite bucked the trend.
The Economic Times  Oct 14  Comment 
The Shanghai Composite Index ended down 0.3 per cent at 2,360.08 points. The CSI300 of the leading Shanghai and Shenzhen A-share listings also sank 0.3 per cent.
The Economic Times  Oct 14  Comment 
The CSI300 index of the largest Shanghai and Shenzhen A-share listings was flat at midday, while the Shanghai Composite Index was up 0.12 per cent at 2,368.80 points.
newratings.com  Oct 13  Comment 
BEIJING (dpa-AFX) - The China stock market on Friday finally halted the eight-day winning streak in which it had surged more than 90 points or 4 percent en route to a fresh 20-month closing high. The Shanghai Composite Index ended just below the...
Market Intelligence Center  Oct 10  Comment 
U.S. stocks are moving down Friday morning after sharp drop on Thursday. The S&P 500 is down 0.32% while the Dow is down 0.37%.   In Asia, markets followed Wall Street down as concerns about the pace of world growth mounted. The Nikkei was down...
newratings.com  Oct 8  Comment 
BEIJING (dpa-AFX) - Heading into the week-long break for the National Day holiday, the Chin stock market was riding a six-day winning streak in which it had advanced more than 65 points or 2.9 percent en route to a fresh 30-month closing high. The...
Market Intelligence Center  Oct 7  Comment 
This morning, U.S. markets are slipping, following a negative finish on Monday. The S&P 500 is down 0.14% while the Dow is down 0.17%.  Asian markets were mixed Tuesday with Hong Kong stocks rising for a third straight day. The Nikkei was down...
Market Intelligence Center  Oct 6  Comment 
U.S. markets are up slightly this morning after a rebound on Friday. The S&P 500 is up 0.29% while the Dow is up 0.30%.  Asian markets were mostly higher Monday as pro democracy protests in Hong Kong appeared to be winding down. The Nikkei was up...
Wall Street Journal  Sep 30  Comment 
Signs are mounting that the recent rally in Chinese stocks--with the Shanghai Composite Index up five months in a row--isn't a short-term phenomenon.




 
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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