SSE Composite Index Gains on April 14; Will Shanghai Sustain the Momentum on April 15 Amid Trade Concerns?
Key Highlights:
Shanghai, April 15 (IST): The SSE Composite Index (SHA: 000001) closed higher at 3,262.81 on April 14, gaining +24.58 points (+0.76%). The rally, supported by banking, energy, and infrastructure counters, reflects investor optimism ahead of key macroeconomic releases from China and abroad.
As the market prepares to open on April 15, early signals from global indices suggest a cautiously bullish tone, although lingering China-U.S. trade concerns may temper risk appetite.
SSE Index Snapshot – April 14, 2025
- Close: 3,262.81
- Open: 3,251.98
- High: 3,272.72
- Low: 3,244.73
- Previous Close: 3,238.23
- 52-Week Range: 2,689.70 – 3,674.40
The index traded positively throughout the day with minor dips post-lunch. Gains were broad-based across financials, real estate, and industrials.
Prediction: SSE Composite Index – April 15 Outlook
Supportive Factors
- Strong close in Hang Seng and Nikkei is likely to reflect positively in mainland trades.
- Anticipated industrial production data could improve sentiment.
- Buying interest in infrastructure and domestic consumption themes continues.
Key Concerns
- Trade tensions with the U.S. could trigger volatility.
- Any miss in upcoming Chinese GDP data may dent recovery optimism.
Technical Setup – April 15
- Immediate Resistance: 3,275 – 3,300
- Support Levels: 3,240 – 3,225
- RSI: Approaching overbought zone (~62)
- MACD: Positive crossover holding
- Intraday Bias: Cautiously bullish
If the index holds above 3,250 during the first half, a push toward 3,275 is likely. Below 3,240, markets may consolidate.
Sectoral Watch – April 15
- Financials: ICBC, Bank of China likely to extend gains on stable policy outlook.
- Infrastructure: CRRC, China Railway Group benefiting from public spending expectations.
- Tech & Telecom: Mixed movement expected due to regulatory concerns.
- Consumer Goods: Signs of revival post-Lunar New Year spending.
Global Comparison Snapshot (April 14-15)
| Index | Status | % Change | Notes |
|---|---|---|---|
| Hang Seng | Closed at 21,417 | +2.40% | Strong tech & property rally |
| Nikkei 225 | Open at 34,344.92 | +1.07% | Automotive & chip surge |
| KOSPI | Open at 2,461.77 | +0.24% | Mild tech boost |
| TAIEX | Closed at 19,513 | -0.08% | Export pressure |
| FTSE 100 | Closed at 8,078 | +1.43% | Industrial and financial gains |
| DAX | Closed at 20,765 | +1.95% | Strong Europe-wide rally |
SSE’s 0.76% rise positions it in the middle range of Asia-Pacific gains, showing resilience without aggressive upside.
The SSE Composite Index’s strong close on April 14 has set the stage for a potential continuation of gains on April 15, assuming global cues remain supportive and domestic economic data meets expectations. While trade tensions remain a wild card, the market is likely to open flat to positive, with intraday movement dependent on mid-day volume and U.S. futures.
Expected trading range: 3,240 – 3,300, with sectoral rotation continuing across financials and infrastructure.
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