Shanghai Composite Index (SSEC)

QUOTE AND NEWS
The Economic Times  Mar 2  Comment 
The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 0.8% to 3,601.27 points, while the Shanghai Composite Index gained 0.8% to 3,336.28.
MarketWatch  Mar 2  Comment 
Here are the latest trading levels for Asia's major stock markets: Tokyo (Nikkei Average ) up 0.2% ; Hong Kong (Hang Seng Index ) up 0.3% ; Shanghai (Shanghai Composite Index ) up 0.3% ; Sydney (S&P/ASX 200 ) up 0.8% ; Seoul (Kospi ) up 0.3% ;...
The Economic Times  Feb 5  Comment 
CSI300 ended the morning session up 1.4 per cent at 3,449.57 points, after surging 2.5 per cent, while the Shanghai Composite was up 1.0 per cent.
Market Intelligence Center  Feb 4  Comment 
U.S. markets are down slightly this morning after yesterday’s rally spurred by rising oil prices. The S&P 500 is down 0.26% and the Dow is down 0.11%. Asian markets were mixed Wednesday as strong corporate earnings lifted Japanese stocks. The...
MarketWatch  Jan 29  Comment 
Here are the latest trading levels for Asia's major stock markets: Tokyo (Nikkei Average ) down 1.1% (closed) ; Hong Kong (Hang Seng Index ) down 1.2% ; Shanghai (Shanghai Composite Index ) down 1.4% ; Sydney (S&P/ASX 200 ) up 0.3% (closed) ;...
Market Intelligence Center  Jan 28  Comment 
U.S. markets are up to start the day after Apple’s record-setting results countered a string of disappointing earnings reports on Tuesday. The S&P 500 is up 0.39% and the Dow is up 0.20%. Asian markets were mixed Tuesday as Japanese stocks rose...
The Economic Times  Jan 22  Comment 
CSI300, comprising of the largest listed companies in Shanghai and Shenzhen rose 0.5 %, to 3,567.61, while the Shanghai Composite added 0.6%.
TheStreet.com  Jan 21  Comment 
NEW YORK (TheStreet) -- Baidu shares closed trading up 3.63% to $228.37 in trading on Wednesday after the Shanghai Composite posted a 4.7% gain overnight. Fellow Chinese tech company Alibaba , up 3.27% to $103.31, also gained today after...
The Hindu Business Line  Jan 21  Comment 
Chinese shares soared on Wednesday, with the Shanghai Composite Index producing its biggest one-day percentage gain in more than five years as investors’ confidence continued to recover after Mond...
Wall Street Journal  Jan 20  Comment 
China’s Shanghai Composite Index bounced back slightly from Monday’s sharp drop even as the country reported its weakest economic growth since 1990.




 
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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