Shanghai Composite Index (SSEC)

QUOTE AND NEWS
Financial Times  Dec 12  Comment 
Nikkei up ahead of Japan’s election this weekend
MarketWatch  Dec 12  Comment 
Here are the latest trading levels for Asia's major stock markets: Tokyo (Nikkei Average) up 1.4% ; Hong Kong (Hang Seng Index) up 0.1% (at break) ; Shanghai (Shanghai Composite Index) flat (at break) ; Sydney (S&P/ASX 200) down 0.1% ; Seoul...
Market Intelligence Center  Dec 10  Comment 
U.S. markets are moving down today after rallying Tuesday to erase early losses. The S&P 500 is down 0.26% and the Dow is down 0.21%.  Asian markets were mixed Wednesday as the Yen grew stronger versus the dollar. The Shanghai Composite rose...
Financial Times  Dec 10  Comment 
Mainland Chinese index’s volatile run continues
Financial Times  Dec 10  Comment 
Shanghai Composite still volatile after Tuesday’s 5.4% fall
Market Intelligence Center  Dec 9  Comment 
After the open… US markets are down, following a 5.4% drop on the Shanghai Composite index. Traders are worried over news that China's 2014 economic growth will be the slowest in 24 years, and that the slowing will continue at least through...
Market Intelligence Center  Dec 9  Comment 
U.S. stocks are down Tuesday as markets around the world turned lower. The S&P 500 is down 0.70% and the Dow is down 0.68%.  Asian markets fell on Tuesday after China took steps to rein in debt risk in its financial system. The Shanghai Composite...
Financial Times  Dec 9  Comment 
Late-in-the-day 8% slide ends bull run for mainland benchmark
Financial Times  Dec 9  Comment 
Wild move in late trading comes on yet another day of record turnover
Clusterstock  Dec 9  Comment 
Chinese stocks just saw a colossal sell-off late in trading, sending the Shanghai Composite index from a small increase to a 5.43% crash, the biggest in five years. Here's how it looked: That has not done much to dent the meteoric rise of...
MarketWatch  Dec 9  Comment 




 
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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