Stocks traded, turnover ratio of domestic shares (%)

The turnover ratio serves as a critical measure of trading activity within a country’s domestic equity market, reflecting the proportion of a company's market capitalization that is exchanged over a given period. This metric is derived by dividing the total value of domestic shares traded by the total market capitalization, providing insight into liquidity and investor engagement. By annualizing this figure—multiplying the average monthly trades by twelve—analysts can assess trends and volatility in stock market participation over time. A higher turnover ratio typically indicates greater investor interest and market dynamism, while a lower ratio may signal stagnation or diminished trading enthusiasm, offering valuable context for investment strategies and economic health assessments. Source: