Shanghai Composite Index: Historical Chart, News, and Updates
Overview
The Shanghai Composite Index (SCI) is the main stock market index in China. It is made up of the 288 most actively traded stocks (A-shares) listed on the Shanghai Stock Exchange. The index was launched in 1991 and serves as a barometer of China's overall economic performance.
Historical Chart
The historical chart of the SCI can be viewed on Google Finance, Yahoo Finance, and other financial websites. The chart shows the index's performance over time, including its highs and lows.
Key Trends
- The SCI has experienced significant growth since its inception in 1991, with a few periods of correction.
- The index hit its highest point in 6,124.04 in 2007 before the global financial crisis.
- Following the crisis, the SCI recovered and reached a new peak of 5,166.35 in 2015.
- In recent years, the SCI has fluctuated between 3,000 and 4,000 points.
News
The SCI is closely watched by investors and analysts around the world. News about the index can have a significant impact on the Chinese stock market. Some of the most recent news articles about the SCI include:
- Shanghai Composite Index Rises 2% on Positive Economic Data (April 14, 2024)
- SCI Falls on Concerns Over US-China Trade Tensions (March 10, 2024)
- China's Central Bank Cuts Interest Rates to Support Economy (February 26, 2024)
Conclusion
The Shanghai Composite Index is a valuable tool for investors and analysts who want to understand the Chinese stock market. The index's historical chart provides insights into its performance over time, while news about the index can help investors make informed decisions.
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