Shanghai Composite Index (SSEC)

QUOTE AND NEWS
The Economic Times  Nov 20  Comment 
The Shanghai Composite Index rose 0.1 per cent to 2,452.6 points. The CSI300 index of the largest listed companies in Shanghai and Shenzhen was flat.
The Economic Times  Nov 18  Comment 
The Shanghai Composite Index ended down 0.7 per cent at 2,457.5 points, while the CSI300 index of the largest listed companies in Shanghai and Shenzhen eased 1.0 per cent.
newratings.com  Nov 17  Comment 
BEIJING (dpa-AFX) - The China stock market has alternated between positive and negative finishes through the last eight trading days since the end of the six-day winning streak in which it had surged almost 140 points or 5.8 percent. The Shanghai...
The Economic Times  Nov 14  Comment 
The CSI300 index rose 0.1 per cent to 2,581.1 points, while the Shanghai Composite Index lost 0.3 per cent to 2,479.2 points.
newratings.com  Nov 11  Comment 
BEIJING (dpa-AFX) - The China stock market has moved lower now in four consecutive trading days, giving away more than 35 points or 1.4 percent along the way. The Shanghai Composite Index settled just above the 2,450-point plateau, and the market...
Market Intelligence Center  Nov 11  Comment 
U.S. markets are headed up again Tuesday morning after the S&P 500 reached a new record high on Monday. The S&P 500 is up 0.20% and the Dow is up 0.18%. Asian markets were mixed Tuesday as the Japanese Yen took a fall. The Shanghai Composite is...
Financial Times  Nov 10  Comment 
Shanghai Composite up on stock link optimism
The Economic Times  Nov 7  Comment 
The Shanghai Composite Index ended down 0.3 percent at 2,419.1 after hitting its highest level since May 2012 at one stage, led by strength in the brokerage sector.
newratings.com  Nov 7  Comment 
BEIJING (dpa-AFX) - The China stock market bounced higher again on Thursday, one session after it had halted the six-day winning streak in which it had surged almost 140 points or 5.8 percent. The Shanghai Composite Index finished just above the...




 
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