Shanghai Composite Index (SSEC)

QUOTE AND NEWS
Market Intelligence Center  Jan 14  Comment 
U.S. stocks are down today as concerns grow over the European economy. The S&P 500 is down .46% and the Dow is down 0.51%. Retail Sales fell 0.9% in December after rising 0.7% in November. Asian markets finished lower on Wednesday as Japanese...
The Economic Times  Jan 12  Comment 
The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 0.9 percent, to 3,513.58, while the Shanghai Composite Index lost 1.7 percent, to 3,229.32 points.
MarketWatch  Jan 8  Comment 
Here are the latest trading levels for Asia's major stock markets: Tokyo (Nikkei Average) up 1.7% (closed) ; Hong Kong (Hang Seng Index) up 0.8% ; Shanghai (Shanghai Composite Index) down 1.4% ; Sydney (S&P/ASX 200) up 0.5% (closed) ; Mumbai...
Bloomberg  Jan 7  Comment 
Asian Stocks Decline as Oil Plunge Deepens; China Shares Jump Asian stocks fell, after dropping the most since March yesterday, as U.S. equities extended declines...
Market Intelligence Center  Jan 6  Comment 
U.S. stocks are up slightly today after falling sharply on Monday. The S&P 500 is up .21% and the Dow is up 0.20%. Asian markets were mixed Tuesday as Japanese stocks had their worst day in ten months. The Shanghai Composite was up 0.03% while the...
The Economic Times  Jan 6  Comment 
The CSI300 index fell 1.2%, to 3,598.76 points at the end of the morning session, while the Shanghai Composite Index lost 1.0%, to 3,315.70 points.
The Economic Times  Jan 6  Comment 
The benchmark Shanghai Composite Index lost 0.59 per cent, or 19.72 points, to 3,330.80 after closing at a five-and-a-half-year high on Monday.
Bloomberg  Jan 5  Comment 
Asian Stocks Drop to Two-Week Low as Telecom Shares Lead Decline Asian stocks fell, with the regional benchmark index dropping to a two-week low, as phone companies led...
The Economic Times  Jan 5  Comment 
The benchmark Shanghai Composite Index jumped 3.09 per cent, or 99.93 points, to 3,334.61. The index climbed more than 50 per cent last year.
Clusterstock  Dec 31  Comment 
The stock market and the economy are not the same thing. Not in the US. Not anywhere. Bloomberg's Tom Orlik tweeted a series of charts earlier Wednesday including this one. It's of the Shanghai Composite stock index (red) and economists'...




 
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