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| This article describes an index that measures the performance of an exchange, industry or a geographic region. View articles referencing this index. |
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 CalculationSSE 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 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.
Current index = Current total market cap of constituents × Base Value / Base Period
Total market capitalization = ∑ (price × shares issued)[3]
CompositionThe 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].
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