Shanghai Composite Index (SSEC)

QUOTE AND NEWS
newratings.com  17 min ago  Comment 
BEIJING (dpa-AFX) - The China stock market has tracked lower in consecutive trading days, retreating more than 65 points or 2 percent along the way. The Shanghai Composite Index settled just above the 3,165-point plateau, and the market draws...
The Economic Times  Sep 1  Comment 
The CSI300 index fell 2.1 per cent to 3,296.53 points at 1:28 GMT, while the Shanghai Composite Index fell over 4 per cent in intraday trade.
TheStreet.com  Aug 31  Comment 
NEW YORK (TheStreet) -- Alibaba stock is sliding 3.17% to $67.85 in midday trading on Monday, after the Shanghai Composite Index ended a third-straight month of losses. Asian markets have been reeling since China's unexpected devaluation of...
Market Intelligence Center  Aug 31  Comment 
Financial Times  Aug 31  Comment 
Shanghai Composite down 12.5% for the month, while Shenzhen fell 15.2%
TheStreet.com  Aug 28  Comment 
NEW YORK (TheStreet) -- China's stock market is going to head lower again. Just how much lower remains an open question, but the key will be whether the country's benchmark Shanghai Composite index can find support in the area between 2,470 and...
The Economic Times  Aug 28  Comment 
Cui advises to buy defensive stocks from large non-financial state-owned companies in telecom, utilities and oil & gas.
newratings.com  Aug 28  Comment 
BEIJING (dpa-AFX) - The China stock market on Thursday snapped the five-day losing streak in which it had plummeted more than 950 points or 27 percent. The Shanghai Composite Index settled just above the 3,080-point plateau, and the market is...
Yahoo  Aug 28  Comment 
China's benchmark Shanghai composite ended nearly 5 percent higher with gains accelerating in the final half-hour of trade.
The Australian  Aug 27  Comment 
Regional sharemarkets continued to recover from a savage multi-day sell-off as China’s Shanghai Composite surged.
The Economic Times  Aug 27  Comment 
China's benchmark Shanghai Composite Index jumped 1.73 per cent, to 2,978.03. The Shenzhen Composite Index, added 1.64 per cent.




 
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