Shanghai Composite Index (SSEC)

QUOTE AND NEWS
newratings.com  May 31  Comment 
CANBERA (dpa-AFX) - Asian stocks turned in a mixed performance on Tuesday, even as Chinese and Hong Kong shares posted strong gains on optimism that the odds of mainland Chinese stocks winning MSCI inclusion have increased. In the absence of cues...
The Economic Times  May 31  Comment 
The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 3.4% to 3,169.56, while the Shanghai Composite Index gained 3.3%, to 2,916.62 points.
The Hindu Business Line  May 20  Comment 
China stocks ended a tepid week higher on Friday, but the Shanghai Composite Index posted its fifth week of losses hurt by fading optimism over the country’s growth prospects and concerns over rising ...
The Economic Times  May 18  Comment 
The Shanghai Composite Index lost 1.3 percent, to 2,807.51 points, the lowest closing since March 1. The blue-chip CSI300 index fell 0.6%, to 3,068.04.
newratings.com  May 18  Comment 
BEIJING (dpa-AFX) - The China stock market headed south again on Tuesday, one session after it had ended the two-day losing streak in which it had retreated almost 10 points or 0.3 percent. The Shanghai Composite Index now rests just above the...
The Economic Times  May 17  Comment 
The blue-chip CSI300 index fell 0.3 percent to 3,086.02, and the Shanghai Composite Index was likewise down 0.3 percent. to 2,843.68.
The Economic Times  May 16  Comment 
The blue-chip CSI300 index rose 0.7 percent to 3,095.31 points, while the Shanghai Composite Index gained 0.8 percent to 2,850.86 points.
newratings.com  May 12  Comment 
BEIJING (dpa-AFX) - The China stock market has moved higher in consecutive trading days, although it has picked up just a handful of points or 0.2 percent in that span. The Shanghai Composite Index moved just above the 2,935-point plateau,...
newratings.com  May 11  Comment 
BEIJING (dpa-AFX) - The China stock market picked up less than a single point on Tuesday, but that was enough to snap the two-day slide in which it had plummeted more than 165 points or 5.6 percent. The Shanghai Composite Index remains just above...
The Economic Times  May 10  Comment 
The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 0.1 percent to 3,069.11 points, while the Shanghai Composite Index was little changed at 2,832.59.




 
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
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki