Shanghai Composite Index (SSEC)

QUOTE AND NEWS
newratings.com  5 hrs ago  Comment 
BEIJING (dpa-AFX) - The China stock market has moved higher now in four straight trading days, surging more than 90 points or 4.4 percent en route to a fresh six-week high. The Shanghai Composite Index finished just above the 2,130-point plateau,...
Clusterstock  Apr 10  Comment 
Indonesian stocks are taking a beating on Thursday, with the Jakarta Composite down 2.8%. This comes after early counting showed that the main opposition party, the Indonesian Democratic Party-Struggle, did not gather enough votes to nominate...
The Economic Times  Apr 8  Comment 
The Shanghai Composite Index ended up 1.9% at 2,098.28 points. The CSI300 of the leading Shanghai and Shenzhen A-share listings rose 2.4%.
newratings.com  Apr 8  Comment 
BEIJING (dpa-AFX) - Ahead of Monday's holiday for the Ching Ming Festival, the China stock market had bounced right back to the upside again - one session after it had snapped the two-day winning streak in which it had risen more than 25...
newratings.com  Apr 2  Comment 
BEIJING (dpa-AFX) - The China stock market on Tuesday halted the four-day slide in which it had retreated almost 35 points or 1.7 percent. The Shanghai Composite Index finished just below the 2,045-point plateau, and the market is expected to see...
newratings.com  Mar 27  Comment 
BEIJING (dpa-AFX) - The China stock market on Wednesday halted the three-day winning streak in which it had collected almost 75 points or 3.7 percent. The Shanghai Composite Index finished just below the 2,065-point plateau, and the now market is...
newratings.com  Mar 26  Comment 
BEIJING (dpa-AFX) - The China stock market added just a single point on Tuesday - but that was enough to extend its winning streak to three sessions, gathering almost 75 points or 3.7 percent in that span. The Shanghai Composite Index remained...
newratings.com  Mar 24  Comment 
BEIJING (dpa-AFX) - The China stock market on Friday emphatically halted the two-day losing streak in which it gave away more than 30 points or 1.5 percent. The Shanghai Composite Index moved to just below the 2,050-point plateau, although...
The Economic Times  Mar 21  Comment 
The Shanghai Composite Index was up 2.6 per cent at 0628 GMT, after opening down on Friday morning.
MarketWatch  Mar 13  Comment 
China stocks rise pre-data; Shanghai Composite up 0.4%, Hang Seng Index up 0.1%




 
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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