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SSE Composite Index

The SSE Composite Index also known as SSE Index is a stock market index of all stocks (A shares and B shares) that are traded at the Shanghai Stock Exchange.[2]

There are also SSE 180, SSE 50 and SSE Mega-Cap Indexes for top 180, 50 and 20 companies respectively, and the CSI 300 Index, which includes shares traded at the Shanghai Stock Exchange and the Shenzhen Stock Exchange.

Weighting and calculation

SSE Indices are all calculated using a Paasche weighted composite price index formula. This means that the index is based on a base period on a specific base day for its calculation. The base day for SSE Composite Index is December 19, 1990, and the base period is the total market capitalization of all stocks of that day.[2] The Base Value is 100. The index was launched on July 15, 1991.[2]

Current index = Current total market cap of constituents × Base Value / Base Period

Total market capitalization = Σ (price × shares issued)

Annual Returns

The following table shows the annual development of the SSE Composite Index since 1990.[3][4]

See also

References

  1. ^ a b "SSE Composite Fact Sheet September 2017" (PDF) (Press release). China Securities Index. September 2017. Archived (PDF) from the original on 31 October 2017. Retrieved 31 October 2017.
  2. ^ a b c "Methodology of SSE Composite Index" (PDF). China Securities Index. Retrieved 31 October 2017.
  3. ^ "Historical data: Shanghai Composite Index - China (SHC)".
  4. ^ "Shanghai Composite Index (China) Yearly Stock Returns". www.1stock1.com. Retrieved 2020-01-20.

External links