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The SSE Composite, or Shanghai Composite Index, is a key stock market index that includes all A and B shares listed on the Shanghai Stock Exchange. Its beginnings date back to December 19, 1990, and it has since established itself as the major benchmark for monitoring China's stock market.
With a base period of 100, the index provides investors with a trustworthy indicator of the Shanghai Stock Exchange's overall performance. The SSE Composite, which captures the movements and trends of many listed equities, is a comprehensive indicator that may help you to judge the health and direction of China's financial markets.
To calculate the composite figure, use the following formula:
Current Index= Base Period Market Cap of Composite Members × Base Value
The current index is calculated by multiplying the base period, the market capitalization of composite members, and the base value.
The SSE Composite experienced a significant increase between June 2014 and June 2015 due to state-run media promoting Chinese equities and encouraging inexperienced investors. This stock market correction was largely due to China's lack of experience in managing a stock market. Unlike the US, China had no defined market failsafe mechanism, unlike the NYSE's circuit breakers.
This led to an ad hoc approach, allowing for cutting interest rates, threats to arrest sellers, strategic trading suspensions, and instructions to state-owned enterprises to start buying. The lack of a defined market failsafe in China led to a chaotic market.
To buy shares on the Shanghai Stock Exchange, investors can buy American depository receipts (ADRs), invest in mutual funds or ETFs with exchange exposure, or invest with market makers.
The SSE Composite Index, often known as the SSE Index, is a stock market index that includes all equities (A and B shares) trading on the Shanghai Stock Exchange.
You can buy shares on the Shanghai Stock Exchange by purchasing American depository receipts (ADRs), investing in mutual funds or exchange-traded funds (ETFs) having exchange exposure or investing with market makers with access to the exchange.
The Shanghai Stock Exchange Composite Index. The SSE Composite, or Shanghai Stock Exchange Composite Index, is a stock market composite comprised of all A- and B-shares traded on the Shanghai Stock Exchange (SSE).
The SSE Composite Index is considered a barometer of the Chinese stock market and reflects investor sentiment and market trends in China. It is closely watched by domestic and international investors, policymakers, and analysts as an indicator of the health and direction of the Chinese economy.
The SSE Composite Index is updated in real-time during trading hours on the Shanghai Stock Exchange. Changes in the prices of constituent stocks are reflected immediately, allowing investors to track the index's performance throughout the trading day.
While foreign investors cannot directly invest in the SSE Composite Index, they can gain exposure to the Chinese stock market through various investment vehicles such as exchange-traded funds (ETFs), mutual funds, and index futures that track the index's performance.
Like other stock market indices, the SSE Composite Index can be influenced by various factors, including macroeconomic indicators, government policies, corporate earnings, geopolitical events, and investor sentiment. Changes in any of these factors can impact the overall direction and volatility of the index.
| Top Intraday Stocks | |
|---|---|
| BAJAJ-AUTO | ₹8974.3 239.40 ( 2.74%) |
| DIVISLAB | ₹4016.35 172.55 ( 4.49%) |
| LTIM | ₹4788.05 153.35 ( 3.31%) |
| TECHM | ₹1278.75 88.45 ( 7.43%) |
| DRREDDY | ₹6252.1 33.35 ( 0.54%) |
