Shanghai Composite Index (SSEC)

QUOTE AND NEWS
The Economic Times  Feb 16  Comment 
The blue-chip CSI300 index rose 0.6 per cent to 3,440.93 points, while the Shanghai Composite Index added 0.5 per cent to 3,229.62.
The Economic Times  Feb 15  Comment 
The blue-chip CSI300 index fell 0.4 percent, to 3,421.71 points, while the Shanghai Composite Index shed 0.2 percent to 3,212.99 points.
newratings.com  Feb 15  Comment 
BEIJING (dpa-AFX) - The China stock market picked up just a single point on Tuesday - but that was enough to extend its winning streak to five days, gathering almost 65 points or 2 percent along the way. The Shanghai Composite Index remains just...
newratings.com  Feb 14  Comment 
BEIJING (dpa-AFX) - The China stock market has finished higher now in four consecutive trading days, gathering almost 65 points or 2 percent along the way. The Shanghai Composite Index now rests just above the 3,215-point plateau, and the market...
The Economic Times  Feb 13  Comment 
The blue-chip CSI300 index rose 0.7 per cent, to 3,436.28 points, while the Shanghai Composite Index gained 0.6 per cent to 3,216.84 points.
The Economic Times  Feb 10  Comment 
The blue-chip CSI300 index rose 0.5 per cent, to 3,413.49 points, while the Shanghai Composite Index added 0.4 per cent to 3,196.70 points.
newratings.com  Feb 9  Comment 
BEIJING (dpa-AFX) - The China stock market has alternated between positive and negative finishes through the last four trading days since the end of the five-day winning streak in which it had advanced almost 60 points or 1.8 percent. The Shanghai...
newratings.com  Feb 8  Comment 
BEIJING (dpa-AFX) - The China stock market has finished lower in two of three trading days since the end of the five-day winning streak in which it had advanced almost 60 points or 1.8 percent. The Shanghai Composite Index now rests just beneath...
The Economic Times  Feb 7  Comment 
The blue-chip CSI300 index fell 0.2 per cent to 3,365.68 points, while the Shanghai Composite Index dipped 0.1 per cent to 3,153.09.
newratings.com  Feb 7  Comment 
BEIJING (dpa-AFX) - The China stock market bounced higher again on Monday, one session after it had ended the five-day winning streak in which it had advanced almost 60 points or 1.8 percent. The Shanghai Composite Index now rests just above the...




 
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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