TURNOVER RATIO (STOCK MARKET)

July 3, 2019

As per the latest study by the World Bank, the turnover ratio of the Indian stock market has fallen significantly by 60% in the last 10 years.

About:

  • The turnover ratio of the Indian stock market had fallen from 143 in 2008 to 58 in 2018 i.e. a fall of nearly 60% between 2008 and 2018.

  • The fall had been the highest among most leading markets of the world, barring the U.S. and the European Union.

  • The turnover ratio of China dipped less than 6% in the last 10 years, while Brazil and Korea registered a dip of 12.85% and 31.12%, respectively. Japan and Hong Kong saw the ratio dip between 40-50% between 2008 and 2018. 

Source : The Hindu

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