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Metadata Glossary

CodeGFDD.EM.01
Indicator NameStock market turnover ratio (%)
Short definitionTotal value of shares traded during the period divided by the average market capitalization for the period.
Long definitionTotal value of shares traded during the period divided by the average market capitalization for the period.
SourceWorld Federation of Exchanges; Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's
TopicEfficiency
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