Daily Turnover definition

Daily Turnover means, for any Share, the daily sum of the products of (i) each trade price of such Share on the Exchange and any Related Exchanges for such Share and (ii) the traded volume of such trade for such Share on the relevant Exchange or Related Exchange, as published by Bloomberg (or any successor) in the “TURNOVER” field relating to such Share.
View Source

Examples of Daily Turnover in a sentence

  • The stock market sentiment continued to be sluggish in July and August 2012, with the Average Daily Turnover Value for each of these two months further decreasing to approximately HK$43,385 million and HK$43,718 million respectively, with a low in July 2012 of approximately HK$29,280 million.

  • According to the information as extracted from Bloomberg, the average daily turnover value (the “Average Daily Turnover Value”) of all securities listed on the Main Board of the Stock Exchange in Hong Kong in 2011 was approximately HK$69,473 million.

  • For the period from 14 September 2012 (being the trading day immediately after the announcement of the launch of the third round quantitative measures) to 31 October 2012, the Average Daily Turnover Value had increased to approximately HK$52,543 million.

  • For the first and second quarter of 2012, the Average Daily Turnover Value has decreased to approximately HK$63,010 million and HK$50,072 million respectively.