000002.SS - SSE A Share Index

Shanghai - Shanghai Delayed Price. Currency in CNY
+14.28 (+0.46%)
At close: 3:00PM CST
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Previous Close3,127.84
Day's Range3,117.09 - 3,142.12
52 Week Range2,555.84 - 3,444.44
Avg. Volume72,712
  • Reuters

    Indian firms lead earnings downgrades in Asia as slowdown bites

    India led Asia's earnings downgrades over the past month with analysts expecting more troubles this year due to a consumption slowdown and liquidity crunch in the financial sector. Over the past 30 days, analysts have slashed Indian firms' 2019 earnings forecasts by 4.3% - the highest cut in Asia, Refinitiv data shows. The cut comes as more than 60% of Indian firms missed their consensus earnings estimates in the June quarter, underscoring a lacklustre earnings performance.

  • Reuters

    Asian equity valuations fall to lowest in 3 months in Aug - Refinitiv data

    Valuations of Asian shares took a hit in August after a sharp sell-off due to an escalation of the United-States-China trade war. A lackluster earnings performance for Asian firms in the second quarter - in which 55% of companies in the region missed their consensus earnings estimates - also affected price valuations last month. In a report last week, Goldman Sachs said its fresh 12-month target for MSCI Asia-Pacific ex-Japan is 515, or 1% below the previous 520 expectation.

  • Reuters

    Asian share valuations fall as higher trade war risks priced in

    Valuations of Asian shares have dropped sharply over the past month, as regional markets slumped after the United States escalated its trade war with Beijing by threatening to put tariffs on all its imports from China. Fears about trade war damage worsened after President Donald Trump said he would slap a 10% tariff on the remaining $300 billion of Chinese imports not already covered by extra duties, starting Sept. 1. "We no longer expect a trade deal before the November 2020 US presidential election," the brokerage said.

  • Reuters

    Asian shares suffer a loss in July

    Asian shares declined in July, weighed down by uncertainties over the U.S-China trade war and tempering expectations of aggressive monetary easing by major central banks this year. On Thursday, U.S. President Donald Trump said he would impose impose a 10% tariff on $300 billion of Chinese imports from Sept. 1, which marked an end to a truce in the trade war struck in June.

  • Reuters

    Asian stocks climbed in June; posted best gain in five months

    Slowing U.S. exports and softer job growth raised hopes that the Federal Reserve would cut interest rates as soon as its July meeting, which prompted investors to look for higher returns outside. Washington and Beijing agreed last Saturday to restart trade talks after President Donald Trump offered concessions including no new tariffs and an easing of restrictions on tech company Huawei in order to reduce tensions with Beijing.

  • Reuters

    Analysts trim Asian firms' 2019 profit outlook on trade woes

    Analysts are downgrading their full-year profit forecasts for Asian companies, Refinitiv data showed, as fears mounted over the impact of a festering Sino-U.S. trade war on regional firms. In the last 30 days, analysts slashed their outlook for Asian companies' earnings by about 2%, the data showed. The downgrades were mainly for South Korean firms, followed by companies in Malaysia and New Zealand.

  • Reuters

    Asian stocks' valuations hit a 4-month low in May-Refinitiv data

    Valuations of Asian equities ended May at a four-month low, as regional shares slumped after the United States raised tariffs on Chinese goods, stoking concerns about a global economic downturn. At the end of last month, Asia's forward price-to-earnings ratio (P/E) stood at 12.5 times, the lowest since January, data from Refinitiv showed. Indian and Malaysian stocks were the most expensive with P/E ratios of 17.4 and 15.8 respectively.