Shanghai Composite Index (SSEC)

QUOTE AND NEWS
The Economic Times  Jul 3  Comment 
In China, the Shanghai Composite Index shed 0.23 per cent.
The Economic Times  Jun 28  Comment 
China’s benchmark share index, the Shanghai Composite, dropped 1.1 per cent on Wednesday.
Financial Times  Jun 26  Comment 
China concerns mount as Shanghai Composite enters bear market territory
Financial Times  Jun 26  Comment 
Slide underlines pressure that rising trade tensions and a slowing economy are exerting
Yahoo  Jun 25  Comment 
Jun.24 -- The Shanghai Composite is teetering on the edge of a bear market as investors face the possibility of a U.S.-China trade war. Bloomberg's Divya Balji reports on "Bloomberg Markets: Asia."
The Economic Times  Jun 15  Comment 
For the week, SSEC was down by 1.5 per cent, while CSI300 slipped 0.7 per cent.
Yahoo  Jun 14  Comment 
* PREVIOUS TRADING SESSION MOVES: * SSEC -1.0 pct, CSI300 -1.0 pct, HSI -1.2 pct * HK->Shanghai Connect daily quota used 1.5 pct * HK->Shenzhen Connect daily quota used 1.4 pct, Shenzhen->HK daily ...
The Economic Times  Jun 11  Comment 
The Shanghai Composite Index touched its lowest level since last May before closing down 0.5 per cent at 3,052.78 points.
The Economic Times  Jun 5  Comment 
Shanghai Composite Index ended up 0.7 percent at 3,114.21.
The Economic Times  Jun 1  Comment 
The Shanghai Composite Index started out flat before ending the morning session down 0.5 per cent.




 
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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