SSE Composite Index Opens Lower at 3,261.45 as Global Cues Pressure Sentiment

Key Highlights:

The SSE Composite Index opened at 3,261.72 and slipped further to 3,261.45 as of 9:30 AM CST on April 17, 2025, registering a decline of 14.55 points or –0.44%. The drop mirrors bearish sentiment across Asia following the Nasdaq Composite’s steep fall and continued global tech rout.

SSE Composite – Market Opening Snapshot

• Open: 3,261.72
• Current (as of 9:30 AM CST): 3,261.45
• Change: –14.55 points (–0.44%)
• Previous Close: 3,276.00
• Day’s High: 3,261.72
• Day’s Low: 3,261.45
• 52-week Range:
  • High: 3,674.40
  • Low: 2,689.70

Early Pressure Drivers

• Global Tech Drag:
  The Nasdaq Composite’s overnight fall of 3.07% triggered weak openings across Asia, with Chinese tech and consumer electronics stocks bearing the brunt.
• Muted Regional Momentum:
  While indices like Nikkei and Kospi opened positive, sentiment was cautious. The Taiex opened nearly 0.7% lower, adding to the regional pressure.
• Lack of Domestic Catalysts:
  With no major economic data released this morning, local investors are tracking global sentiment and currency flows closely.

What to Expect in Today’s Session

• Sideways to bearish tone likely in the first half
• Focus on large-cap banks, energy, and industrials to cushion volatility
• Investors may remain on the sidelines ahead of potential PBOC policy guidance or corporate earnings

The Hindustan Herald Is Your Source For The Latest In Business, Entertainment, Lifestyle, Breaking News, And Other News. Please Follow Us On Facebook, Instagram, Twitter, And LinkedIn To Receive Instantaneous Updates. Also Don’t Forget To Subscribe Our Telegram Channel @hindustanherald