SSE Composite Index Opening Prediction: Shanghai Market Set for Muted Start Amid Global Headwinds – April 16 Insight
SSE Composite Index Opening Prediction: Shanghai Market Set for Muted Start Amid Global Headwinds – April 16 Insight
Key Highlights:
The Shanghai Stock Exchange may witness a subdued start on Tuesday, April 16, 2025, following a volatile but positive close on April 15. The SSE Composite Index ended the previous session at 3,267.66, up +4.85 points (0.15%), buoyed by a late recovery. However, sharp global weakness, particularly from the US and select Asian markets, is expected to create a cautious tone at the open.
Nasdaq Weakness Could Cap Gains
The Nasdaq Composite closed 8.32 points lower at 16,823.17 in a choppy session on April 15. This decline, driven by tech underperformance and earnings-related anxiety, could ripple into the SSE, particularly for tech-related and export-sensitive stocks.
The overnight weakness in US markets has historically influenced early Shanghai trade, and traders are expected to tread carefully today.
SSE Composite Index Recap – April 15 Performance
- Previous Close: 3,262.81
- April 15 Close: 3,267.66
- Intraday High: 3,268.98
- Low: 3,246.34
- 52-week High: 3,674.40
- 52-week Low: 2,689.70
The index managed to climb after a choppy start, thanks to strong last-hour buying interest in financials and industrials.
Other Asian Peers Suggest Risk-Off Mood
- Nikkei 225: Down 89.26 points (-0.26%)
- KOSPI: Down 4.77 points (-0.19%)
- Hang Seng: Down marginally at 21,466.27
- S&P/ASX 200: Barely positive at 7,762.50 (+0.010%)
With the exception of Taiwan’s TAIEX, which surged on April 15, most major Asian indices are trending lower or flat. This suggests Shanghai could face early resistance.
Technical Indicators & Trading Range
- Immediate Resistance: 3,275
- Strong Resistance: 3,290
- Support Level 1: 3,250
- Support Level 2: 3,235
The market may open near the 3,260 level and remain in consolidation unless strong local news triggers fresh buying.
Key Factors to Watch Today
- Chinese macroeconomic data – Investors are eyeing GDP, retail sales, and industrial output figures this week.
- Yuan Movement – A strong or weak yuan could influence foreign investment appetite.
- Real Estate Policy News – Any new reforms or credit easing could support property stocks.
- Global Commodity Prices – Trends in oil and metal prices may affect energy and resource sectors.
Pre-Open Prediction Summary – April 16, 2025
| Parameter | Expectation |
|---|---|
| Opening Range | 3,255 – 3,265 |
| Bias | Flat to Negative |
| Sentiment | Cautiously Bearish |
| Influence Factor | Nasdaq Weakness, Asian Peers Softness |
| Market Driver | Exporters, Banks, Policy Cues |
Despite Monday’s modest gain, the SSE Composite Index faces significant headwinds going into the April 16 session. Traders are likely to adopt a “wait-and-watch” approach with tight stop losses and limited exposure. A flat-to-lower opening appears more probable, with the broader trajectory dictated by macro cues, earnings season updates, and movement in U.S. futures.
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