Shanghai Composite Index (SSEC)

QUOTE AND NEWS
The Economic Times  Jul 13  Comment 
The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 0.3 percent to 3,282.87 points, while the Shanghai Composite Index gained 0.4 percent to 3,060.69.
The Economic Times  Jul 10  Comment 
For Qiu, the Shanghai Composite Index’s slump at the start of the year created a mismatch between stock prices and signs of a stabilizing economy, and a buying opportunity.
newratings.com  Jul 8  Comment 
BEIJING (dpa-AFX) - The China stock market on Thursday snapped the four-day winning streak in which it had gathered almost 85 points or 2.9 percent. The Shanghai Composite Index remained just above the 3,015-point plateau, and the market figures...
The Economic Times  Jul 7  Comment 
The Shanghai Composite Index ended flat at 3,016.85 points. The blue-chip CSI300 index slid 0.21 percent to 3,209.95 points, ending eight straight days of gains.
newratings.com  Jul 1  Comment 
BEIJING (dpa-AFX) - The China stock market gave up less than a pair of points on Thursday - but that was enough to snap the three-day winning streak in which it had gathered almost 80 points or 2.7 percent. The Shanghai Composite Index settled...
The Economic Times  Jun 30  Comment 
Firms in the Shanghai Composite Index reported EPS for the past year that were 33% below what analysts had predicted 12 months ago, according to data compiled by Bloomberg.
newratings.com  Jun 24  Comment 
BEIJING (dpa-AFX) - The China stock market has finished lower in two of three trading days since the end of the two-day winning streak in which it had collected more than 15 points or 0.4 percent. The Shanghai Composite Index now rests just above...
newratings.com  Jun 23  Comment 
BEIJING (dpa-AFX) - The China stock market bounced higher again on Wednesday, one session after it had ended the two-day winning streak in which it had collected more than 15 points or 0.4 percent. The Shanghai Composite Index settled just above...
newratings.com  Jun 22  Comment 
CANBERA (dpa-AFX) - Asian stocks turned in a mixed performance on Wednesday, as a relatively strong yen and concerns over North Korea's latest missile launch kept investors on edge ahead of Thursday's British referendum on its...
The Economic Times  Jun 21  Comment 
The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 0.2 percent, to 3,106.32, while the Shanghai Composite Index lost 0.4 percent, to 2,878.56 points.




 
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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