Shanghai Composite Index (SSEC)

QUOTE AND NEWS
TheStreet.com  Jun 30  Comment 
NEW YORK (TheStreet) -- Shares of SouFun were gaining 2.5% to $8.33 Tuesday after the Shanghai Composite Index rose 5.6% after a volatile session. The increase comes after several days of losses for the largest index in China, according to...
Market Intelligence Center  Jun 30  Comment 
In the U.S. this morning, markets are moving higher after yesterday’s losses moved stocks into negative territory for the year. The S&P 500 is up 0.66%, and the Dow is up 0.54%. Asian markets finished higher Tuesday with Chinese stocks reversing...
MarketWatch  Jun 30  Comment 
Shanghai Composite climbs back from deep loss, ends morning session flat
MarketWatch  Jun 30  Comment 
Shanghai Composite extending sharp drop, now down 4.5%
Clusterstock  Jun 29  Comment 
China's stocks crashed 3.3% to enter bear market territory. Monday's loss has the Shanghai Composite down 22% from its June 12 high.  Monday's session was particularly volatile as stocks opened to a gain of 2.5% after the People's Bank of...
The Economic Times  Jun 28  Comment 
The benchmark Shanghai Composite Index slumped 7.4 per cent on Friday to 4,192.87, nearly 1,000 points and 18.8 percent off its high.
Financial Times  Jun 26  Comment 
Shanghai Composite sinks 7.4% in one of its biggest one-day falls
The Economic Times  Jun 26  Comment 
The brokerage firm said that the stance on China A shares is that it is probably not a dip to buy kind of market.
Wall Street Journal  Jun 26  Comment 
The Economic Times  Jun 26  Comment 
China's valuations have gone from being one of the cheapest markets in the world to one of the more expensive markets in the world, says Credit Suisse.
TheStreet.com  Jun 23  Comment 
NEW YORK (TheStreet) -- Last week the Shanghai Composite plunged 13.5%. The reasons cited in media reports include a Chinese crackdown on buying stocks on margin or a huge wave of IPOs. These are two of the four warning flags for stock markets...
Market Intelligence Center  Jun 23  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
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