What is ‘Share Turnover’ From Investopedia.com
Share turnover is a measure of stock liquidity calculated by dividing the total number of shares traded over a period by the average number of shares outstanding for the period. The higher the share turnover, the more liquid the share of the company.
BREAKING DOWN ‘Share Turnover’
For example, if the total amount of shares traded over the year was 10 billion and the average amount of shares outstanding for the year was 100 million, the share turnover for the year is 100 times.
A high turnover ratio is good at market level as it mean the overall trading volume and liquidity are high and good for traders/ fund managers who can trade easily in that particular market.
Stocks traded, turnover ratio of domestic shares (%) For US / JPN/ HKG and SIN Market( here)
Base on above , STI has a …