Shanghai Composite Index (SSEC)

QUOTE AND NEWS
The Economic Times  8 hrs ago  Comment 
China's benchmark Shanghai Composite Index jumped 1.73 per cent, to 2,978.03. The Shenzhen Composite Index, added 1.64 per cent.
TheStreet.com  Aug 26  Comment 
NEW YORK (TheStreet) -- Chinese stocks sold off again Wednesday with the Shanghai Composite closing down 1.3% at 2,926.3. Even as the People's Bank of China lowered interest rates by 25 basis points and the reserve requirement ratio for most big...
Market Intelligence Center  Aug 25  Comment 
U.S. markets are rebounding this morning after plummeting on Monday. The S&P 500 is up 3.95%, and the Dow is up 3.81%. Asian markets finished mixed Tuesday as Chinese stocks continue to tumble. The Shanghai Composite fell 7.63%, while the Hang...
MarketWatch  Aug 24  Comment 
In mid-June, China’s Shanghai Composite Index was up 60% year-to-date, but has now erased its 2015 climb after sliding 8.5% on Monday.
Market Intelligence Center  Aug 24  Comment 
U.S. markets continue to fall today as concerns over the Chinese economy weigh on investors. The S&P 500 is down 2.76%, and the Dow is down 3.19%. In Asia, stocks dropped Friday with Chinese stocks losing all of their gains for the year. The...
TheStreet.com  Aug 24  Comment 
NEW YORK ( TheStreet) -- Turmoil intensified in global stock markets on Monday, when the Shanghai Composite lost around 8.5% of its value, entering negative territory for the year, and Japan's Nikkei fell by more than 4.5%. European stock markets...
newratings.com  Aug 24  Comment 
WASHINGTON (dpa-AFX) - The global equity market rout continues, with the U.S. index futures pointing to a notably lower opening on Monday. Earlier in the global trading day, the Asian markets sold-off along with commodities and emerging market...
MarketWatch  Aug 24  Comment 
The brutal rout in financial markets is accelerating on Monday, led by the biggest one-day plunge for China’s Shanghai Composite since 2007.
Financial Times  Aug 21  Comment 
Index remains above level seen as unofficial floor
USAToday.com  Aug 19  Comment 
China’s Shanghai composite index slumped as much as 5% on Wednesday before recovering to finish 1.2% higher, a day after a sharp fall rattle...




 
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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