Shanghai Composite Index (SSEC)

QUOTE AND NEWS
The Economic Times  Sep 19  Comment 
The Shanghai Composite Index climbed 0.6% to 2,329.07 points. The CSI300 of the leading Shanghai and Shenzhen A-share listings closed up 0.7%.
newratings.com  Sep 18  Comment 
BEIJING (dpa-AFX) - The China stock market turned higher again on Wednesday, one session after it had ended the two-day winning streak in which it had gathered almost 30 points or 1.3 percent. The Shanghai Composite Index settled just above the...
MarketWatch  Sep 18  Comment 
newratings.com  Sep 17  Comment 
BEIJING (dpa-AFX) - The China stock market on Tuesday wrote an emphatic finish to the two-day winning streak in which it had gathered almost 30 points or 1.3 percent en route to a fresh six-month closing high. The Shanghai Composite Index ended...
The Economic Times  Sep 16  Comment 
The Shanghai Composite Index, which closed on Monday at its highest since March, was up 0.1 per cent to 2,340.96 points at midday.
The Economic Times  Sep 15  Comment 
The Shanghai Composite Index reversed earlier losses to rise 0.3 per cent to 2,338.90 points, the highest close since March 6, 2013.
newratings.com  Sep 15  Comment 
BEIJING (dpa-AFX) - The China stock market on Friday snapped the two-day losing streak in which it had fallen nearly 15 points or 0.6 percent. Now at a six-month closing high, the Shanghai Composite Index ended just above the 2,330-point plateau,...
MarketWatch  Sep 11  Comment 
Here are the latest trading levels for Asia's major stock markets: Tokyo (Nikkei Average) up 0.8% (closed) ; Hong Kong (Hang Seng Index) down 0.3% ; Shanghai (Shanghai Composite Index) down 0.4% ; Sydney (S&P/ASX 200) down 0.5% Taipei (Taiex)...
Market Intelligence Center  Sep 10  Comment 
U.S. markets are down slightly Wednesday morning. The S&P 500 is down 0.04% while the Dow is down 0.01%. Asian markets were also down Wednesday, after the Chinese government announced a slowing of money supply growth. The Hang Seng was down 1.93%...
newratings.com  Sep 4  Comment 
BEIJING (dpa-AFX) - The China stock market has finished higher now in four consecutive sessions, surging more than 90 points or 4.1 percent en route to a 15-month closing high. The Shanghai Composite Index settled just below the 2,290-point...




 
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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