Shanghai Composite Index (SSEC)

QUOTE AND NEWS
The Economic Times  Sep 13  Comment 
The CSI300 blue-chip index fell 0.1 percent, to 3,260.33, while the Shanghai Composite Index gained 0.1 percent to 3,023.51 points.
newratings.com  Sep 6  Comment 
BEIJING (dpa-AFX) - The China stock market has moved higher in consecutive trading days, although it has advanced just 9 points or 0.3 percent in that span. The Shanghai Composite Index now rests just above the 3,070-point plateau and the market...
newratings.com  Aug 31  Comment 
BEIJING (dpa-AFX) - The China stock market has finished higher in two of three trading days since the end of the two-day losing streak in which it had fallen more than 20 points or 0.6 percent. The Shanghai Composite Index settled just beneath the...
newratings.com  Aug 30  Comment 
BEIJING (dpa-AFX) - The China stock market headed south again on Monday, one session after it had ended the two-day losing streak in which it had fallen more than 20 points or 0.6 percent. The Shanghai Composite Index remained just above the...
newratings.com  Aug 25  Comment 
BEIJING (dpa-AFX) - The China stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day losing streak in which it had retreated more than 20 points or 0.7 percent. The...
newratings.com  Aug 24  Comment 
BEIJING (dpa-AFX) - The China stock market has finished higher in two of three trading days since the end of the three-day losing streak in which it had retreated more than 20 points or 0.7 percent. The Shanghai Composite Index now rests just shy...
newratings.com  Aug 23  Comment 
BEIJING (dpa-AFX) - The China stock market turned lower again on Monday, one session after it had snapped the three-day losing streak in which it had retreated more than 20 points or 0.7 percent. The Shanghai Composite Index settled just shy of...
The Economic Times  Aug 18  Comment 
The CSI300 index rose 0.5%, to 3,391.40 points at the end of the morning session, while the Shanghai Composite Index gained 0.4%, to 3,122.16 points.
newratings.com  Aug 18  Comment 
BEIJING (dpa-AFX) - The China stock market has finished lower in consecutive trading days, sliding more than 15 points or 0.5 percent along the way. The Shanghai Composite Index fell just beneath the 3,110-point plateau, although the market may...
The Economic Times  Aug 15  Comment 
The blue-chip CSI300 index jumped 3.0 per cent to 3,393.42 points, while the Shanghai Composite Index gained 2.4 per cent to 3,125.20 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
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