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Shanghai Composite Index (SSEC)

QUOTE AND NEWS
Shanghai base metals down in jittery Chinese market
Metal Bulletin  Jan 26  Comment 
Base metals at the Shanghai Futures Exchange (SHFE) fell again on Tuesday in a jittery market that sent the Shanghai composite index diving to a three-month low.
RTS: 2009 - The Year In Review
Mondo Visione  Jan 25  Comment 
In 2009 the total trading volume across all RTS markets rose by 5.59% to reach USD799.3 billion compared to 2008 figures. The RTS Index, the main benchmark of the Russian stock market, posted a 128.6% increase for the year and closed at 1,444.61...
China Stocks’ Decline Signals Sell to DMG: Technical Analysis
Bloomberg  Jan 25  Comment 
Investors should “cash out” of China’s stocks after the Shanghai Composite Index dipped below its 100-day moving average, Singapore-based DMG & Partners Securities Pte. said.
Data Points: Asia & Europe
Wall Street Journal  Jan 22  Comment 
This week, the Nikkei Stock Average fell 391.55 points, or 3.57%, the Shanghai Composite lost 95.56 points, or 2.96%, the Hong Kong Hang Seng dropped 927.98 points, or 4.29%, the FTSE 100 declined 152.38 points, or 2.79% and the DJ STOXX 600 lost...
Data Points: Asia & Europe
Wall Street Journal  Jan 19  Comment 
The Nikkei Stock Average lost 90.18 points, or 0.83% to 10764.90. The Shanghai Composite gained 9.78 points, or 0.30% to 3246.87. The FTSE 100 rose 18.75 points, or 0.34%, to 5513.14. The DJ STOXX 600 added 2.05 points, or 0.79% to 260.26.
Data Points: Asia & Europe
Wall Street Journal  Jan 8  Comment 
This week, the Nikkei Stock Average rose 251.88 points, or 2.39% to 10798.32, the Shanghai Composite fell 81.14 points, or 2.48% to 3196.00, the FTSE 100 gained 121.36 points, or 2.24% to 5534.24 and the DJ STOXX 600 added 5.99 points, or 2.37% to...
Higher close
Business Times - Malaysia  Jan 6  Comment 
HONG KONG: Shares closed 0.62 per cent higher yesterday, in line with regional markets, due to prevailing optimism about the global economic outlook. The benchmark Hang Seng Index added 137.09 points to 22,416.67, with turnover reaching...
Data Points: Asia & Europe
Wall Street Journal  Dec 31  Comment 
This year, the Nikkei Stock Average rose 1686.88 points, or 19.04%, the Shanghai Composite soared 1456.33 points, or 79.98%, the Hong Kong Hang Seng jumped 7485.02 points, or 52.02% and the FTSE 100 gained 978.71 points, or 22.07%.
Data Points: Asia & Europe
Wall Street Journal  Dec 30  Comment 
The Nikkei Stock Average fell 91.62 points, or 0.86% to 10546.44. The Shanghai Composite rose 50.84 points, or 1.58% to 3262.60. The FTSE 100 lost 39.75 points, or 0.73% to 5397.86. The DJ STOXX 600 declined 0.93 points, or 0.37% to 253.16.



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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.
 
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Sr. Director
Advait Pandey

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 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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